{"annotation_id":"b60a1d08-1023-4368-9130-bce64585f014","file_hash":"5130b2becc4c677099f18ddb4cd34593509e13a54c7c92704f2703a6fbcfe8ab","schema_id":"open/document-extraction","schema_version":"0.5.0","record":{"extraction_type":"boxes","producer":"pdf-extractor-v0.5.0","blocks":[{"id":"e0f32cbc-73ef-4837-a136-3e92636e08e9","block_type":"box","text":"Baillie Gifford China Fund","page_number":1,"box":{"x":382,"y":27,"width":205,"height":10}},{"id":"e979f71e-a7a6-4ec1-98e1-a63bf236e6eb","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":762,"y":27,"width":159,"height":12}},{"id":"a5e3be3f-410c-4e4c-b082-bc41d9cc00c0","block_type":"box","text":"Outwith the UK, this document is solely for the use of professional investors. All data as at","page_number":1,"box":{"x":62,"y":950,"width":493,"height":8}},{"id":"b42704de-95f9-4c94-ac42-03837bd4bbb8","block_type":"box","text":"30 September 2026","page_number":1,"box":{"x":636,"y":950,"width":106,"height":8}},{"id":"d6761c5c-e092-4e29-87e6-d329c2508cc2","block_type":"box","text":"and source Baillie Gifford","page_number":1,"box":{"x":768,"y":950,"width":137,"height":6}},{"id":"77c6a56c-1288-4982-93b1-6af643324c74","block_type":"box","text":"& Co Limited unless otherwise stated. Past performance is not a guide to future returns.","page_number":1,"box":{"x":61,"y":964,"width":482,"height":8}},{"id":"a0480689-79b9-4f34-a1bb-eea2d52103ee","block_type":"box","text":"Fund","page_number":1,"box":{"x":63,"y":105,"width":25,"height":6}},{"id":"5ff4d57c-960f-4359-9e9d-944274d9e484","block_type":"box","text":"o","page_number":1,"box":{"x":96,"y":106,"width":6,"height":5}},{"id":"603e13d0-d5c9-4fa2-a82f-25039d670ac1","block_type":"box","text":"bjective","page_number":1,"box":{"x":105,"y":104,"width":42,"height":9}},{"id":"68d8a4ee-966e-4ee8-b64d-13bd98c01751","block_type":"box","text":"To outperform (after deduction of costs) the MSCI China All Shares Index, as stated in sterling, per annum over rolling five","page_number":1,"box":{"x":61,"y":124,"width":577,"height":7}},{"id":"356aae81-0fe8-460b-a8b5-12d5c174a17a","block_type":"box","text":"-","page_number":1,"box":{"x":737,"y":128,"width":3,"height":0}},{"id":"a3feaf76-4750-4b52-af33-11e94be3ce13","block_type":"box","text":"year periods.","page_number":1,"box":{"x":742,"y":124,"width":61,"height":7}},{"id":"3b4613e5-09a4-4d30-8dc5-e58a8240701e","block_type":"box","text":"The manager believes this is an appropriate target given the investment policy of the Fund and the approach taken by the mana","page_number":1,"box":{"x":61,"y":143,"width":607,"height":8}},{"id":"e9af825b-06ee-4a22-bfca-d45f176850e7","block_type":"box","text":"ger when investing. In","page_number":1,"box":{"x":769,"y":143,"width":103,"height":8}},{"id":"93433a39-c699-4186-a95e-77b5cbecd0fa","block_type":"box","text":"addition, the manager believes an appropriate performance comparison for this Fund is the Investment Association China/Greate","page_number":1,"box":{"x":62,"y":155,"width":613,"height":7}},{"id":"32d71699-54bf-488c-8864-398646b4086f","block_type":"box","text":"r China Sector.","page_number":1,"box":{"x":777,"y":155,"width":68,"height":6}},{"id":"adac5095-8bb8-4693-9236-e72ae8247209","block_type":"box","text":"There is no guarantee that this objective will be achieved over any time period and actual investment returns may differ from","page_number":1,"box":{"x":61,"y":179,"width":595,"height":7}},{"id":"d63f4398-12d4-49c6-82fc-98d0661cdee2","block_type":"box","text":"this objective, particularly over","page_number":1,"box":{"x":753,"y":179,"width":146,"height":7}},{"id":"d1b52adb-7a85-4906-b178-b64cc5d0b8d4","block_type":"box","text":"shorter time periods.","page_number":1,"box":{"x":62,"y":191,"width":99,"height":7}},{"id":"ca5d5005-bd51-4d3a-b22d-5f4919ef9e39","block_type":"box","text":"Investment","page_number":1,"box":{"x":63,"y":209,"width":60,"height":7}},{"id":"a5742345-7280-4c28-9722-0f9a8c15c394","block_type":"box","text":"p","page_number":1,"box":{"x":135,"y":211,"width":5,"height":6}},{"id":"fefb49f7-1d88-42e7-af8a-dd47eb9ceaf4","block_type":"box","text":"roposition","page_number":1,"box":{"x":143,"y":209,"width":54,"height":8}},{"id":"193e2ae5-9c23-4af8-b938-3a4d91868db1","block_type":"box","text":"The Fund aims to invest in an actively managed portfolio of Chinese market stocks. We invest on a long","page_number":1,"box":{"x":61,"y":229,"width":489,"height":7}},{"id":"eb797731-a8cd-403a-afff-d53937631332","block_type":"box","text":"-","page_number":1,"box":{"x":634,"y":232,"width":3,"height":1}},{"id":"05fb04d5-b85e-4b5d-b0e8-85f24ab00d0e","block_type":"box","text":"term (5 year) perspective, and have a strong","page_number":1,"box":{"x":638,"y":229,"width":210,"height":7}},{"id":"7e8f8a56-f394-4670-bd79-97761aefda7d","block_type":"box","text":"preference for growth. We are looking for significant upside in each stock that we invest in. The process is driven by rigoro","page_number":1,"box":{"x":62,"y":241,"width":579,"height":7}},{"id":"1d280f84-520e-4d7c-815d-7a40c459c53f","block_type":"box","text":"us, fundamental, bottom","page_number":1,"box":{"x":740,"y":241,"width":117,"height":7}},{"id":"904cfcf1-098f-48f0-90e3-c70ece0bb187","block_type":"box","text":"-","page_number":1,"box":{"x":875,"y":244,"width":3,"height":1}},{"id":"0489e358-cef6-4151-8b17-de66ff68d441","block_type":"box","text":"up","page_number":1,"box":{"x":880,"y":242,"width":11,"height":6}},{"id":"972d9a9d-54af-43d2-abbb-6b1b364a056f","block_type":"box","text":"analysis undertaken by our dedicated China Equities Team. The fund managers draw on this analysis, as well as insights gleane","page_number":1,"box":{"x":62,"y":253,"width":598,"height":7}},{"id":"1c6e923e-e16a-4fc1-b8ec-9a7fe3c266c7","block_type":"box","text":"d from discussion with all of","page_number":1,"box":{"x":767,"y":253,"width":132,"height":5}},{"id":"4f8804a7-2fa6-4bc7-ab6f-d32d3dbe7209","block_type":"box","text":"Baillie Gifford's global investors, to produce a portfolio that typically holds 40","page_number":1,"box":{"x":62,"y":265,"width":365,"height":7}},{"id":"5c5b1838-9378-4f30-ad45-946a698a26bf","block_type":"box","text":"-","page_number":1,"box":{"x":490,"y":268,"width":3,"height":0}},{"id":"09d8bcf3-3965-42fc-82d2-54c058eff22f","block_type":"box","text":"80 stocks.","page_number":1,"box":{"x":495,"y":265,"width":45,"height":5}},{"id":"105fd093-e634-4277-bc59-2f155bd50f09","block_type":"box","text":"Performance","page_number":1,"box":{"x":63,"y":302,"width":69,"height":6}},{"id":"f2483719-123e-4440-a3da-326d9ec9a150","block_type":"box","text":"o","page_number":1,"box":{"x":147,"y":304,"width":6,"height":4}},{"id":"a3ba4de3-a15a-449f-b4b0-2950f0c52af5","block_type":"box","text":"verview","page_number":1,"box":{"x":155,"y":302,"width":42,"height":6}},{"id":"1c43d1e8-ff90-4e75-a38b-2c15f36b7666","block_type":"box","text":"Periodic","page_number":1,"box":{"x":62,"y":321,"width":45,"height":6}},{"id":"00f66a7f-6d94-476f-af3e-ffe94dc67b13","block_type":"box","text":"p","page_number":1,"box":{"x":116,"y":323,"width":6,"height":6}},{"id":"a82cf3b4-5366-45e9-bedb-a9a9751c672f","block_type":"box","text":"erformance","page_number":1,"box":{"x":124,"y":321,"width":64,"height":6}},{"id":"dc8cc1f4-3774-4fb3-87c5-6653e9044ee2","block_type":"box","text":"6 Months","page_number":1,"box":{"x":195,"y":353,"width":46,"height":6}},{"id":"2c645b0b-4a23-4072-9c8e-3e375183f8d0","block_type":"box","text":"1 Year","page_number":1,"box":{"x":289,"y":353,"width":30,"height":6}},{"id":"1bd2ef33-8048-49f2-95b8-ed8569b8d739","block_type":"box","text":"3 Years","page_number":1,"box":{"x":357,"y":348,"width":34,"height":6}},{"id":"6a5ad281-9174-4c0d-9a21-090ad6e4622c","block_type":"box","text":"(p.a.)","page_number":1,"box":{"x":372,"y":358,"width":25,"height":8}},{"id":"1d23d848-1f66-42a0-a0c4-0821fd0ec752","block_type":"box","text":"5 Years","page_number":1,"box":{"x":438,"y":348,"width":34,"height":6}},{"id":"c5692c4f-1588-4810-a4cc-292d1ecd88f5","block_type":"box","text":"(p.a.)","page_number":1,"box":{"x":454,"y":358,"width":24,"height":8}},{"id":"48551162-a956-48ee-b73c-f1e94c71da01","block_type":"box","text":"Class B","page_number":1,"box":{"x":62,"y":383,"width":32,"height":5}},{"id":"77859d98-f46c-45fd-b623-cbd75e6f6bba","block_type":"box","text":"-","page_number":1,"box":{"x":104,"y":386,"width":2,"height":0}},{"id":"62587fcf-5961-4912-a03b-e20e4b06205b","block_type":"box","text":"Acc","page_number":1,"box":{"x":108,"y":383,"width":16,"height":5}},{"id":"2f78164a-2eae-40b5-becc-242525d3f788","block_type":"box","text":"(%)","page_number":1,"box":{"x":133,"y":383,"width":14,"height":7}},{"id":"a6b6eff5-3423-4f91-9a1a-c21fbfb1246b","block_type":"box","text":"-","page_number":1,"box":{"x":222,"y":386,"width":3,"height":0}},{"id":"7cb65c60-114b-40f1-abb8-90d382590a05","block_type":"box","text":"3.0","page_number":1,"box":{"x":227,"y":383,"width":14,"height":5}},{"id":"d376ca19-9a4a-4407-8916-a4bd8e1a1a4b","block_type":"box","text":"-","page_number":1,"box":{"x":296,"y":386,"width":2,"height":0}},{"id":"76d74784-34c6-40a2-8d4e-b7daef49c7a9","block_type":"box","text":"11.2","page_number":1,"box":{"x":301,"y":383,"width":19,"height":5}},{"id":"a277fec3-5f60-4e1e-b882-e9b33769cd31","block_type":"box","text":"6.7","page_number":1,"box":{"x":380,"y":383,"width":13,"height":5}},{"id":"0dc3501b-f818-4504-bf28-22b8dd806732","block_type":"box","text":"-","page_number":1,"box":{"x":456,"y":386,"width":3,"height":0}},{"id":"54e06a70-6193-4f1d-9e01-bfcc13e2cef3","block_type":"box","text":"4.5","page_number":1,"box":{"x":460,"y":383,"width":14,"height":5}},{"id":"424ea2c6-12e7-4959-b6a0-59ba606da96e","block_type":"box","text":"Inde","page_number":1,"box":{"x":62,"y":403,"width":20,"height":6}},{"id":"3476e5f0-7fc3-4e99-8957-971bbb8c881f","block_type":"box","text":"x","page_number":1,"box":{"x":85,"y":405,"width":5,"height":4}},{"id":"73e013a5-f4ea-4e4a-95c5-84122c67cf67","block_type":"box","text":"(%)*","page_number":1,"box":{"x":96,"y":403,"width":19,"height":7}},{"id":"6e9052d1-bdd6-44f7-b243-acb091310431","block_type":"box","text":"-","page_number":1,"box":{"x":225,"y":406,"width":2,"height":1}},{"id":"8c123e79-a1c4-4d2f-8b19-d395c1506149","block_type":"box","text":"1.9","page_number":1,"box":{"x":230,"y":403,"width":13,"height":6}},{"id":"72b98b22-fb18-40c5-9320-0c6b304b22f5","block_type":"box","text":"-","page_number":1,"box":{"x":293,"y":406,"width":3,"height":1}},{"id":"5bfc0ca0-9069-4f9d-83e2-9e665aa2a1c1","block_type":"box","text":"10.3","page_number":1,"box":{"x":298,"y":403,"width":19,"height":6}},{"id":"1913a674-39a7-49e5-bb27-b77e2df56283","block_type":"box","text":"7.2","page_number":1,"box":{"x":380,"y":403,"width":13,"height":6}},{"id":"10a281c7-b71b-4809-a4c0-3fedec58ba34","block_type":"box","text":"-","page_number":1,"box":{"x":458,"y":406,"width":3,"height":1}},{"id":"fc238abb-c53b-4aed-8037-0e9b05c534b8","block_type":"box","text":"1.3","page_number":1,"box":{"x":463,"y":403,"width":13,"height":6}},{"id":"cdd11369-06fb-456c-9201-48e70e53c7e3","block_type":"box","text":"Sector Average","page_number":1,"box":{"x":62,"y":424,"width":71,"height":7}},{"id":"1913e72f-59d3-439e-b634-9c9edc86d92a","block_type":"box","text":"(%)**","page_number":1,"box":{"x":152,"y":424,"width":25,"height":7}},{"id":"f6621f01-6781-4d60-9b7c-fb2baf7c22ae","block_type":"box","text":"1.3","page_number":1,"box":{"x":230,"y":424,"width":13,"height":5}},{"id":"d14d355b-7910-4725-b0b0-aee76f693351","block_type":"box","text":"-","page_number":1,"box":{"x":299,"y":427,"width":2,"height":1}},{"id":"f521b627-8128-4229-90c1-6d7b5680905c","block_type":"box","text":"5.9","page_number":1,"box":{"x":303,"y":424,"width":14,"height":5}},{"id":"5cf61f6e-ffb6-45e8-9db8-0c38b2027cc1","block_type":"box","text":"7.5","page_number":1,"box":{"x":380,"y":424,"width":13,"height":5}},{"id":"65023f77-891f-4d5c-84ed-e75b0b1ad91e","block_type":"box","text":"-","page_number":1,"box":{"x":456,"y":427,"width":3,"height":1}},{"id":"5aa0ea59-dfad-4a96-aba9-60eae338ec4f","block_type":"box","text":"2.5","page_number":1,"box":{"x":461,"y":424,"width":13,"height":5}},{"id":"5ce67c79-5a9d-4067-808d-b85f87019ee1","block_type":"box","text":"Sector Ranking","page_number":1,"box":{"x":62,"y":445,"width":70,"height":7}},{"id":"381c195a-2864-4954-8b56-d0e86c0a2849","block_type":"box","text":"49/63","page_number":1,"box":{"x":209,"y":444,"width":28,"height":7}},{"id":"2d5a69e6-a23e-4b4a-a1a3-661b0ad00c70","block_type":"box","text":"36/62","page_number":1,"box":{"x":286,"y":444,"width":27,"height":7}},{"id":"bb8434bd-bf13-4afa-b632-72469e3da287","block_type":"box","text":"33/59","page_number":1,"box":{"x":362,"y":444,"width":27,"height":7}},{"id":"ee502dd7-e1f0-471e-a2dd-eb0567e09ea7","block_type":"box","text":"43/56","page_number":1,"box":{"x":443,"y":444,"width":27,"height":7}},{"id":"7e22d835-a14c-4c5e-8f4b-302ab2727751","block_type":"box","text":"Annual","page_number":1,"box":{"x":62,"y":472,"width":38,"height":6}},{"id":"3bc7e476-3107-4d65-9c7a-f5d1c82e0e39","block_type":"box","text":"d","page_number":1,"box":{"x":108,"y":472,"width":6,"height":6}},{"id":"8b44cee7-aa83-4526-a0ff-ab5a297d833a","block_type":"box","text":"iscrete","page_number":1,"box":{"x":116,"y":472,"width":36,"height":6}},{"id":"700aee79-9e52-4109-9cd9-08180c3c4009","block_type":"box","text":"p","page_number":1,"box":{"x":161,"y":474,"width":6,"height":6}},{"id":"86896a87-ed54-45ff-a699-46bd46027492","block_type":"box","text":"erformance","page_number":1,"box":{"x":169,"y":472,"width":64,"height":6}},{"id":"1b9ebe3e-a955-4fc7-b53b-105ead5798d0","block_type":"box","text":"30/09/21","page_number":1,"box":{"x":176,"y":496,"width":45,"height":8}},{"id":"92ed3c37-46d7-489d-956c-3c4436a8a7a0","block_type":"box","text":"-","page_number":1,"box":{"x":227,"y":500,"width":3,"height":1}},{"id":"8df3b662-3837-45b6-b7a7-30aee50945e0","block_type":"box","text":"30/09/22","page_number":1,"box":{"x":178,"y":507,"width":45,"height":7}},{"id":"e80f8e3e-0ae7-4526-86c3-e33723a36a88","block_type":"box","text":"30/09/22","page_number":1,"box":{"x":237,"y":496,"width":45,"height":8}},{"id":"2cf04d68-b7c3-4431-831e-e0de26db5ba5","block_type":"box","text":"-","page_number":1,"box":{"x":290,"y":500,"width":3,"height":1}},{"id":"d283b41d-da2c-4f9d-9907-978a5c727a4e","block_type":"box","text":"30/09/23","page_number":1,"box":{"x":241,"y":507,"width":45,"height":7}},{"id":"deb4e2bd-ad6f-4736-89b5-3632ce82e6e7","block_type":"box","text":"30/09/23","page_number":1,"box":{"x":301,"y":496,"width":44,"height":8}},{"id":"c5ceb2ee-7512-4ef9-b925-3ca774885fb0","block_type":"box","text":"-","page_number":1,"box":{"x":354,"y":500,"width":3,"height":1}},{"id":"0940805b-9427-4529-9cb1-976c136a8fab","block_type":"box","text":"30/09/24","page_number":1,"box":{"x":305,"y":507,"width":44,"height":7}},{"id":"8964c1fc-66af-433a-b242-06a4f22ee586","block_type":"box","text":"30/09/24","page_number":1,"box":{"x":364,"y":496,"width":44,"height":8}},{"id":"c8ba9cb7-2a93-4229-b69a-05743bf2ea87","block_type":"box","text":"-","page_number":1,"box":{"x":417,"y":500,"width":2,"height":1}},{"id":"04ddc035-86f0-47ad-905b-db87e70a64f4","block_type":"box","text":"30/09/25","page_number":1,"box":{"x":368,"y":507,"width":45,"height":7}},{"id":"58a9b630-64c5-4648-9e34-acd7471209ca","block_type":"box","text":"30/09/25","page_number":1,"box":{"x":427,"y":496,"width":45,"height":8}},{"id":"a90ae7f6-686a-4e28-9081-7fea93d667e5","block_type":"box","text":"-","page_number":1,"box":{"x":480,"y":500,"width":3,"height":1}},{"id":"2dba4a45-d471-4233-bbc2-98d1eb508479","block_type":"box","text":"30/09/26","page_number":1,"box":{"x":431,"y":507,"width":45,"height":7}},{"id":"1de3fb61-2ca8-4501-9d24-ebaa667f953d","block_type":"box","text":"Class B","page_number":1,"box":{"x":62,"y":530,"width":32,"height":6}},{"id":"4aaa9418-924b-4e16-8534-50b72b967d39","block_type":"box","text":"-","page_number":1,"box":{"x":104,"y":533,"width":2,"height":1}},{"id":"e60f9b3b-f6ef-47b0-96c3-21fd1cf77230","block_type":"box","text":"Acc","page_number":1,"box":{"x":108,"y":531,"width":16,"height":5}},{"id":"8f94af62-93ec-43f1-a927-60296a4171b8","block_type":"box","text":"(%)","page_number":1,"box":{"x":133,"y":530,"width":14,"height":7}},{"id":"bb1c90f5-c952-43cc-a922-395ed8ca1ce3","block_type":"box","text":"-","page_number":1,"box":{"x":203,"y":533,"width":3,"height":1}},{"id":"b6e6abfd-a38c-4b4d-83b3-96725fe4f5d9","block_type":"box","text":"26.1","page_number":1,"box":{"x":208,"y":530,"width":19,"height":5}},{"id":"05c252ec-f57a-41b2-a446-09f7a095c07c","block_type":"box","text":"-","page_number":1,"box":{"x":269,"y":533,"width":2,"height":1}},{"id":"f47224d5-0c04-41b9-bb75-648219335cc1","block_type":"box","text":"11.3","page_number":1,"box":{"x":274,"y":530,"width":19,"height":5}},{"id":"d4032ae5-5f1c-44bb-984c-4eb912e9c819","block_type":"box","text":"3.1","page_number":1,"box":{"x":342,"y":530,"width":14,"height":5}},{"id":"a9e471f0-787a-4da6-90b1-0b02ffb4047a","block_type":"box","text":"32.5","page_number":1,"box":{"x":395,"y":530,"width":20,"height":5}},{"id":"b8abe965-b90b-4236-b6f3-9ee0d5ccd2eb","block_type":"box","text":"-","page_number":1,"box":{"x":459,"y":533,"width":2,"height":1}},{"id":"61a5a639-b79d-4a91-869c-c0b70944925e","block_type":"box","text":"11.2","page_number":1,"box":{"x":464,"y":530,"width":19,"height":5}},{"id":"a787eae5-898f-400f-891b-3b5576fc109e","block_type":"box","text":"Index","page_number":1,"box":{"x":62,"y":552,"width":25,"height":6}},{"id":"4281041c-dabf-4bc7-9214-ecfe0939ad58","block_type":"box","text":"(%)*","page_number":1,"box":{"x":96,"y":552,"width":19,"height":7}},{"id":"f3c24933-e84b-4c36-b8a8-26cd9b9b5860","block_type":"box","text":"-","page_number":1,"box":{"x":203,"y":555,"width":3,"height":1}},{"id":"b6103428-7cfc-4faa-9323-6cc99493406c","block_type":"box","text":"17.4","page_number":1,"box":{"x":208,"y":552,"width":19,"height":6}},{"id":"fc51e095-e45e-47d5-9f89-71b58961f558","block_type":"box","text":"-","page_number":1,"box":{"x":272,"y":555,"width":2,"height":1}},{"id":"e4f1b405-3b0e-401f-90c0-c50d494db86f","block_type":"box","text":"8.0","page_number":1,"box":{"x":276,"y":552,"width":14,"height":6}},{"id":"72cb6ddb-6520-4fde-bed8-8a813e3a3a8b","block_type":"box","text":"9.7","page_number":1,"box":{"x":340,"y":552,"width":13,"height":6}},{"id":"032d3fb0-88de-416b-ba67-8a1f657e3e95","block_type":"box","text":"25.1","page_number":1,"box":{"x":398,"y":552,"width":19,"height":6}},{"id":"b79aa729-7207-45aa-a47b-2879018b041d","block_type":"box","text":"-","page_number":1,"box":{"x":456,"y":555,"width":3,"height":1}},{"id":"e09b622a-7398-42f8-9ee2-3249d5ae6342","block_type":"box","text":"10.3","page_number":1,"box":{"x":461,"y":552,"width":19,"height":6}},{"id":"34256a25-4277-48a0-ba52-f17eff80b6d2","block_type":"box","text":"Sector Average","page_number":1,"box":{"x":62,"y":575,"width":71,"height":7}},{"id":"5d5375fd-7c50-4bb6-8c89-fe0826c6e43c","block_type":"box","text":"(%)**","page_number":1,"box":{"x":152,"y":574,"width":25,"height":7}},{"id":"cc342f90-3375-46f0-92a0-a0f3d1809779","block_type":"box","text":"-","page_number":1,"box":{"x":203,"y":577,"width":3,"height":1}},{"id":"c563aa24-8ce6-468e-a493-b0334488c99e","block_type":"box","text":"19.7","page_number":1,"box":{"x":208,"y":574,"width":19,"height":6}},{"id":"ca2c873e-f6a3-4581-ad57-36f6d9f371a1","block_type":"box","text":"-","page_number":1,"box":{"x":269,"y":577,"width":2,"height":1}},{"id":"b0e2b723-ffaf-451b-a404-98cad3500f8b","block_type":"box","text":"11.4","page_number":1,"box":{"x":274,"y":574,"width":19,"height":6}},{"id":"465ed6d6-7231-49c4-8bb1-be9d4f5a6014","block_type":"box","text":"5.2","page_number":1,"box":{"x":340,"y":574,"width":13,"height":6}},{"id":"09264761-9a5b-4805-b213-19ab2c9b0dfa","block_type":"box","text":"25.5","page_number":1,"box":{"x":395,"y":574,"width":20,"height":6}},{"id":"5bf3a449-0f1a-4ff9-88b2-bfd9b62d331f","block_type":"box","text":"-","page_number":1,"box":{"x":462,"y":577,"width":2,"height":1}},{"id":"69dde729-bba3-4b06-9b33-755b5a223f1e","block_type":"box","text":"5.9","page_number":1,"box":{"x":466,"y":574,"width":14,"height":6}},{"id":"0fccaffb-f234-4715-882d-2c24017777ff","block_type":"box","text":"Source:","page_number":1,"box":{"x":62,"y":595,"width":34,"height":6}},{"id":"3afdca0b-3cc6-458e-8076-6a91d1abaa5e","block_type":"box","text":"FE, Revolution, MSCI","page_number":1,"box":{"x":108,"y":595,"width":96,"height":7}},{"id":"00002997-1192-425d-992f-74b745dbd77e","block_type":"box","text":". Total return net of charges, in sterling.","page_number":1,"box":{"x":226,"y":595,"width":186,"height":7}},{"id":"eafa844f-cc20-4b99-8af2-467c97e0fb77","block_type":"box","text":"Share class returns calculated using 10am prices, while the Index is","page_number":1,"box":{"x":62,"y":607,"width":316,"height":7}},{"id":"f44ed0a3-567f-46c5-84f2-23f2c4ca3f43","block_type":"box","text":"calculated close","page_number":1,"box":{"x":62,"y":620,"width":74,"height":5}},{"id":"44d5d78f-fefe-4dc7-b844-734d854d4f4a","block_type":"box","text":"-","page_number":1,"box":{"x":152,"y":623,"width":3,"height":0}},{"id":"5b67f885-9c66-4c3f-8a19-0fa51c4db240","block_type":"box","text":"to","page_number":1,"box":{"x":156,"y":620,"width":9,"height":5}},{"id":"7c32b9df-a390-43aa-a1d4-52c98736793e","block_type":"box","text":"-","page_number":1,"box":{"x":167,"y":623,"width":3,"height":0}},{"id":"21494947-cedd-4870-9592-7cbe919bb0c5","block_type":"box","text":"close.","page_number":1,"box":{"x":172,"y":620,"width":26,"height":5}},{"id":"71fc96b1-c833-49d8-aacf-b440cbe91f91","block_type":"box","text":"*MSCI China All Shares (MSCI All China Index prior to 27/11/2019, MSCI","page_number":1,"box":{"x":62,"y":631,"width":339,"height":8}},{"id":"1308d4b8-ee06-4be7-8b69-5726ab1a851a","block_type":"box","text":"Golden Dragon prior to 02/05/2019).","page_number":1,"box":{"x":62,"y":644,"width":174,"height":7}},{"id":"c18b48cf-6b31-40df-b3c8-687d9e7d70a3","block_type":"box","text":"**IA China/Greater China Sector.","page_number":1,"box":{"x":62,"y":656,"width":156,"height":7}},{"id":"c04d9959-e898-4ef2-8af4-ee5583ff5cee","block_type":"box","text":"Fund","page_number":1,"box":{"x":510,"y":302,"width":26,"height":6}},{"id":"faa69bf1-2d6d-49a8-8a0b-54aeabb100bd","block_type":"box","text":"f","page_number":1,"box":{"x":544,"y":302,"width":4,"height":6}},{"id":"7b1aa319-8103-4920-80a5-92263a6ac62f","block_type":"box","text":"acts","page_number":1,"box":{"x":549,"y":303,"width":21,"height":5}},{"id":"5e93486d-cd9f-4040-bf2a-f5b37840878d","block_type":"box","text":"Managers","page_number":1,"box":{"x":510,"y":323,"width":47,"height":6}},{"id":"5f858222-e6f1-4f1b-985f-d27588812fe9","block_type":"box","text":"Linda Lin* / Sophie Earnshaw","page_number":1,"box":{"x":738,"y":322,"width":137,"height":7}},{"id":"5b19556f-66ea-4c96-806d-eb532bdf40a8","block_type":"box","text":"Fund launch date","page_number":1,"box":{"x":510,"y":338,"width":81,"height":6}},{"id":"1931045a-a423-4adc-80e9-b5b5967f3c67","block_type":"box","text":"19 November 2008","page_number":1,"box":{"x":805,"y":338,"width":90,"height":6}},{"id":"604c0faa-1252-4144-984f-390d8a4c847a","block_type":"box","text":"Fund","page_number":1,"box":{"x":510,"y":355,"width":23,"height":6}},{"id":"1cd3dc63-43b8-48ae-a50b-c8c02b5f5d40","block_type":"box","text":"s","page_number":1,"box":{"x":539,"y":357,"width":4,"height":4}},{"id":"11e51433-61f0-4c39-af7e-09a1b4c647e2","block_type":"box","text":"ize","page_number":1,"box":{"x":545,"y":355,"width":13,"height":6}},{"id":"b1fb383a-9dc9-430b-b87d-61e40647f47a","block_type":"box","text":"£176.43","page_number":1,"box":{"x":846,"y":355,"width":37,"height":6}},{"id":"eaf57137-1124-42e6-b425-9bf4befde510","block_type":"box","text":"m","page_number":1,"box":{"x":893,"y":357,"width":7,"height":4}},{"id":"bca82028-cb3c-4f9c-a4c8-710bf741195d","block_type":"box","text":"IA","page_number":1,"box":{"x":510,"y":372,"width":9,"height":6}},{"id":"8cc2af87-c1d2-4309-a7c0-261fc3f80e7e","block_type":"box","text":"s","page_number":1,"box":{"x":524,"y":374,"width":4,"height":4}},{"id":"4ab75815-7346-471d-90c5-2071b28d6910","block_type":"box","text":"ector","page_number":1,"box":{"x":530,"y":373,"width":24,"height":5}},{"id":"4f916740-36eb-4323-bf64-c1c7c8cc00c7","block_type":"box","text":"China/Greater China","page_number":1,"box":{"x":787,"y":372,"width":96,"height":7}},{"id":"b394c9e8-6f5a-44c7-8628-ce66c0af8083","block_type":"box","text":"Active","page_number":1,"box":{"x":509,"y":389,"width":30,"height":5}},{"id":"21381c43-3aee-4edf-9f74-e753d04f6df8","block_type":"box","text":"s","page_number":1,"box":{"x":547,"y":390,"width":3,"height":4}},{"id":"b8647deb-81fb-4989-bf69-0f6d8e94356b","block_type":"box","text":"hare","page_number":1,"box":{"x":553,"y":389,"width":21,"height":5}},{"id":"d7a6998e-a371-4930-b6fc-58d72f498fd6","block_type":"box","text":"65","page_number":1,"box":{"x":869,"y":389,"width":11,"height":5}},{"id":"ff8b2f0f-a46c-4371-8510-7552e8b1eac1","block_type":"box","text":"%","page_number":1,"box":{"x":884,"y":389,"width":7,"height":5}},{"id":"46c7dc14-7906-4b9e-9120-5d220a6dd977","block_type":"box","text":"†","page_number":1,"box":{"x":898,"y":388,"width":3,"height":3}},{"id":"60e8e1c1-8522-4368-8db8-5ded241918da","block_type":"box","text":"Annual","page_number":1,"box":{"x":509,"y":405,"width":34,"height":6}},{"id":"724837d7-d2d0-43c1-b146-fa8f4cc5c4b5","block_type":"box","text":"t","page_number":1,"box":{"x":549,"y":406,"width":4,"height":5}},{"id":"c3289b5e-0146-484f-a65c-f8f2c0c7b90a","block_type":"box","text":"urnover","page_number":1,"box":{"x":554,"y":407,"width":38,"height":4}},{"id":"8e0830e5-0803-4ba0-a9b9-662cba37fc2d","block_type":"box","text":"32","page_number":1,"box":{"x":873,"y":406,"width":11,"height":5}},{"id":"b86cc7e6-b204-482f-9f89-c2cc11f05640","block_type":"box","text":"%","page_number":1,"box":{"x":888,"y":406,"width":8,"height":5}},{"id":"45b38e8f-e9c5-464e-b8e2-0d03bd5f32d9","block_type":"box","text":"Guideline","page_number":1,"box":{"x":510,"y":422,"width":45,"height":6}},{"id":"d06ce400-e4c6-470a-81f0-de62c37fad08","block_type":"box","text":"n","page_number":1,"box":{"x":563,"y":424,"width":5,"height":4}},{"id":"708e0586-9c1a-4f50-ba6c-7ccfda7ca89f","block_type":"box","text":"umber of","page_number":1,"box":{"x":570,"y":422,"width":44,"height":6}},{"id":"ac9ff0d7-8d92-43ab-bf36-68d6c88a49b2","block_type":"box","text":"h","page_number":1,"box":{"x":621,"y":422,"width":5,"height":6}},{"id":"bce46f0f-d349-4dc7-a6c9-08fdfc18a1fe","block_type":"box","text":"oldings","page_number":1,"box":{"x":627,"y":422,"width":34,"height":7}},{"id":"230f9451-f75a-45cc-9ce5-07b18b78b540","block_type":"box","text":"40","page_number":1,"box":{"x":868,"y":423,"width":11,"height":5}},{"id":"0a9cf62a-965d-4c42-bc01-e2410886d598","block_type":"box","text":"-","page_number":1,"box":{"x":883,"y":426,"width":3,"height":0}},{"id":"7af1668d-5d26-4eb5-abfe-7ed92afea0df","block_type":"box","text":"80","page_number":1,"box":{"x":887,"y":423,"width":11,"height":5}},{"id":"79f2eea4-83cc-4b14-ad0b-6b4ce3c55875","block_type":"box","text":"Number of Holdings","page_number":1,"box":{"x":510,"y":439,"width":96,"height":7}},{"id":"fc0d8db1-3225-4c8a-bccc-c5bc92465e47","block_type":"box","text":"64","page_number":1,"box":{"x":888,"y":439,"width":11,"height":6}},{"id":"97eafdea-ec9b-4848-853c-769de5df4594","block_type":"box","text":"Structure","page_number":1,"box":{"x":510,"y":456,"width":44,"height":6}},{"id":"37543b32-6020-4959-9625-3a25a126d969","block_type":"box","text":"OEIC","page_number":1,"box":{"x":874,"y":456,"width":22,"height":6}},{"id":"17fc1df8-547a-4a16-a1f4-0ad8aeffd1e6","block_type":"box","text":"†","page_number":1,"box":{"x":509,"y":471,"width":3,"height":3}},{"id":"f9aa3673-e7b9-4365-9aea-97d3d1e67a4b","block_type":"box","text":"Relative to","page_number":1,"box":{"x":514,"y":472,"width":50,"height":6}},{"id":"70420728-fdfc-48a9-ba25-73b0edef5c44","block_type":"box","text":"MSCI China All Shares","page_number":1,"box":{"x":577,"y":472,"width":102,"height":6}},{"id":"203ac72a-1165-4027-9e88-d04d5606dd99","block_type":"box","text":".","page_number":1,"box":{"x":701,"y":477,"width":1,"height":0}},{"id":"553191b8-d18a-4751-87ef-653732c2f1b0","block_type":"box","text":"Source:","page_number":1,"box":{"x":707,"y":472,"width":35,"height":6}},{"id":"29253ffc-87eb-44b4-890d-43620088a387","block_type":"box","text":"Baillie Gifford & Co,","page_number":1,"box":{"x":754,"y":472,"width":91,"height":7}},{"id":"0edf18be-f5f2-42bb-a20a-92cfdbee3213","block_type":"box","text":"MSCI","page_number":1,"box":{"x":510,"y":484,"width":23,"height":6}},{"id":"9fd18db4-7b14-42eb-8e9f-3efca17eda89","block_type":"box","text":".","page_number":1,"box":{"x":540,"y":489,"width":1,"height":1}},{"id":"0a42411d-8787-4002-bc5a-aa009c07dd87","block_type":"box","text":"*Partner","page_number":1,"box":{"x":510,"y":496,"width":40,"height":6}},{"id":"6fcd73ce-997a-45a6-8ccf-f24f89fa9936","block_type":"box","text":"Top ten holdings","page_number":1,"box":{"x":509,"y":513,"width":91,"height":8}},{"id":"b5b6fc1f-3978-402a-b6b8-e9fae7b61345","block_type":"box","text":"Holdings","page_number":1,"box":{"x":510,"y":530,"width":41,"height":7}},{"id":"c3034a82-4427-4878-9a91-4e960c322a03","block_type":"box","text":"% Total","page_number":1,"box":{"x":825,"y":530,"width":35,"height":5}},{"id":"6691f2e4-7bf3-4c0d-8f24-214a96b8ae41","block_type":"box","text":"a","page_number":1,"box":{"x":867,"y":531,"width":5,"height":4}},{"id":"1f041d21-c161-4812-b505-549d0f6658d8","block_type":"box","text":"ssets","page_number":1,"box":{"x":874,"y":531,"width":23,"height":4}},{"id":"f1de0f5c-6d08-45e9-abfc-552a87e51c3a","block_type":"box","text":"Tencent","page_number":1,"box":{"x":509,"y":549,"width":38,"height":5}},{"id":"a8ff05cf-7dc5-4a4c-b8e0-2bd19e9275bc","block_type":"box","text":"9.7","page_number":1,"box":{"x":884,"y":548,"width":14,"height":6}},{"id":"1fb847ba-d14b-4d75-945a-8da8984583c7","block_type":"box","text":"Alibaba","page_number":1,"box":{"x":509,"y":569,"width":35,"height":6}},{"id":"3cde4570-fe27-48b3-93aa-03098318c416","block_type":"box","text":"6.4","page_number":1,"box":{"x":884,"y":570,"width":14,"height":5}},{"id":"fedbfba6-3543-4b00-a62e-2d8428994c07","block_type":"box","text":"China Construction Bank","page_number":1,"box":{"x":510,"y":591,"width":116,"height":5}},{"id":"fa5a0417-6a7b-4a50-a77e-df06aab35aa2","block_type":"box","text":"4.9","page_number":1,"box":{"x":884,"y":591,"width":14,"height":5}},{"id":"eaa289ce-adf1-485a-8eac-abf9798389b8","block_type":"box","text":"CATL","page_number":1,"box":{"x":510,"y":612,"width":23,"height":6}},{"id":"05a48081-8f6c-4cf0-a690-b60c2c7fa425","block_type":"box","text":"4.3","page_number":1,"box":{"x":884,"y":612,"width":14,"height":6}},{"id":"10eb91ba-2b62-4a6a-b15f-7bb67e5a37b4","block_type":"box","text":"China Merchants Bank","page_number":1,"box":{"x":510,"y":633,"width":106,"height":6}},{"id":"317cbeaa-34b0-480c-9688-432a19773e8a","block_type":"box","text":"3.9","page_number":1,"box":{"x":884,"y":633,"width":14,"height":6}},{"id":"b888fb6e-e09a-4273-bc1e-7d49fa41d3df","block_type":"box","text":"Ping An Insurance","page_number":1,"box":{"x":510,"y":654,"width":84,"height":7}},{"id":"f7933f37-856f-4b02-b66c-c39d5ce247cd","block_type":"box","text":"3.6","page_number":1,"box":{"x":884,"y":654,"width":14,"height":6}},{"id":"71eccd9f-d7ab-4823-a82d-56c6de0cdcdf","block_type":"box","text":"Kweichow Moutai","page_number":1,"box":{"x":510,"y":675,"width":84,"height":6}},{"id":"8675727e-b7e5-4749-8a9b-eac17ce4976a","block_type":"box","text":"3.3","page_number":1,"box":{"x":884,"y":676,"width":14,"height":5}},{"id":"0f41debb-3d5b-44cb-9b8f-033dbf3f26aa","block_type":"box","text":"Zijin Mining Group","page_number":1,"box":{"x":509,"y":697,"width":88,"height":7}},{"id":"9b098c40-3be3-4984-a0bf-9c00bdad14aa","block_type":"box","text":"2.9","page_number":1,"box":{"x":884,"y":697,"width":14,"height":5}},{"id":"18fb1634-6cb7-449f-8e41-6e883afa125d","block_type":"box","text":"NetEase","page_number":1,"box":{"x":510,"y":718,"width":38,"height":5}},{"id":"0ec8b4de-b12a-4278-9d4d-b3a637c2fd53","block_type":"box","text":"2.5","page_number":1,"box":{"x":884,"y":718,"width":14,"height":5}},{"id":"608ccae2-b807-4b04-a892-892d7822e901","block_type":"box","text":"China Yangtze Power","page_number":1,"box":{"x":510,"y":739,"width":99,"height":7}},{"id":"012c2e8a-9504-4b83-9b3a-97d0c1eaf520","block_type":"box","text":"2.5","page_number":1,"box":{"x":884,"y":739,"width":14,"height":6}},{"id":"82ab3bfe-b3d0-42d1-81c1-3d71bb90b035","block_type":"box","text":"Baillie Gifford China Fund","page_number":2,"box":{"x":382,"y":27,"width":205,"height":10}},{"id":"5e96c8de-d327-444b-8321-765ccd571f51","block_type":"box","text":"30 September 2026","page_number":2,"box":{"x":762,"y":27,"width":159,"height":12}},{"id":"6a2288e4-3bac-497a-a56e-79c1f6715bc5","block_type":"box","text":"Sector","page_number":2,"box":{"x":71,"y":132,"width":32,"height":6}},{"id":"1632bb87-1881-4d94-9a52-af60ba8e6d6c","block_type":"box","text":"Fund (%)","page_number":2,"box":{"x":277,"y":150,"width":37,"height":7}},{"id":"ba88b1af-a87e-4ccb-8c5f-8ae641b0cdd9","block_type":"box","text":"Index (%)","page_number":2,"box":{"x":346,"y":150,"width":40,"height":7}},{"id":"7f942b1e-b133-4a34-8d57-c53847c2fef9","block_type":"box","text":"Difference (%)","page_number":2,"box":{"x":404,"y":150,"width":61,"height":7}},{"id":"7d33ed11-96ea-4bae-8b7d-4c37eedf7ecc","block_type":"box","text":"Consumer Discretionary","page_number":2,"box":{"x":71,"y":171,"width":106,"height":6}},{"id":"6ac77c2e-23d0-4cd3-a9ad-ed0476f00cc9","block_type":"box","text":"22.9","page_number":2,"box":{"x":297,"y":171,"width":18,"height":5}},{"id":"d65bb705-e4cd-4183-b2f8-50da7ebbd671","block_type":"box","text":"14.9","page_number":2,"box":{"x":371,"y":171,"width":18,"height":5}},{"id":"4cd45177-ae03-4161-8b52-b6f72dc8b9c2","block_type":"box","text":"8.0","page_number":2,"box":{"x":459,"y":171,"width":13,"height":5}},{"id":"12dd17a0-a547-4506-a040-8af87937db0a","block_type":"box","text":"Information Technology","page_number":2,"box":{"x":71,"y":190,"width":105,"height":6}},{"id":"d3c861d3-b34a-467d-ba5f-3cd06463c5b5","block_type":"box","text":"15.3","page_number":2,"box":{"x":299,"y":190,"width":18,"height":5}},{"id":"61094ec7-ceea-4404-98a0-e8183452259d","block_type":"box","text":"20.1","page_number":2,"box":{"x":371,"y":190,"width":18,"height":5}},{"id":"8ff6688a-3e92-4f14-a056-63cafc6722eb","block_type":"box","text":"-","page_number":2,"box":{"x":454,"y":193,"width":3,"height":0}},{"id":"78548f85-a3b4-4511-b454-148ccd1954e6","block_type":"box","text":"4.8","page_number":2,"box":{"x":459,"y":190,"width":13,"height":5}},{"id":"8a57cb73-b052-4813-beb7-bd4a996874e8","block_type":"box","text":"Communication Services","page_number":2,"box":{"x":71,"y":209,"width":108,"height":5}},{"id":"2390e28a-282a-4013-8b42-c39d57e4e23c","block_type":"box","text":"14.4","page_number":2,"box":{"x":299,"y":209,"width":18,"height":5}},{"id":"6521a9cb-eb6a-4e4e-baa2-9d6ac1b38b50","block_type":"box","text":"10.9","page_number":2,"box":{"x":371,"y":209,"width":18,"height":5}},{"id":"cc94aebd-90c3-42ba-865c-2dad74c2fd42","block_type":"box","text":"3.5","page_number":2,"box":{"x":459,"y":209,"width":12,"height":5}},{"id":"3128e4b6-f29a-4422-abc7-f084a3290b14","block_type":"box","text":"Financials","page_number":2,"box":{"x":71,"y":228,"width":42,"height":5}},{"id":"516becdd-2b3f-4ff4-97b7-34add93ab972","block_type":"box","text":"14.4","page_number":2,"box":{"x":299,"y":228,"width":18,"height":5}},{"id":"df8567ad-039f-4b83-8d57-6d8b10f5caa5","block_type":"box","text":"20.3","page_number":2,"box":{"x":369,"y":228,"width":18,"height":5}},{"id":"ae00766a-09f8-4b02-b7c1-e33b2df5d4d2","block_type":"box","text":"-","page_number":2,"box":{"x":454,"y":231,"width":3,"height":1}},{"id":"5587d635-2aa0-4303-970c-eef21ff0f3ce","block_type":"box","text":"5.9","page_number":2,"box":{"x":459,"y":228,"width":13,"height":5}},{"id":"f8880258-b8c8-4830-be9f-de9006e6bd80","block_type":"box","text":"Industrials","page_number":2,"box":{"x":71,"y":247,"width":45,"height":5}},{"id":"be2318a9-2faf-439f-882e-b06c91ff3deb","block_type":"box","text":"12.8","page_number":2,"box":{"x":299,"y":247,"width":18,"height":5}},{"id":"8817af75-cfa4-4a86-894e-2716f7f6208c","block_type":"box","text":"8.6","page_number":2,"box":{"x":375,"y":247,"width":13,"height":5}},{"id":"000ea4fa-fa42-495c-9198-159b36ce33b2","block_type":"box","text":"4.2","page_number":2,"box":{"x":458,"y":247,"width":13,"height":5}},{"id":"bd509b8f-5ad9-4b28-9540-91668c431790","block_type":"box","text":"Materials","page_number":2,"box":{"x":71,"y":266,"width":41,"height":6}},{"id":"0aba9d84-0747-4325-b430-2ba56d0bc59b","block_type":"box","text":"7.2","page_number":2,"box":{"x":304,"y":267,"width":12,"height":5}},{"id":"d1417578-28c7-4bf2-b739-73c807902235","block_type":"box","text":"8.1","page_number":2,"box":{"x":378,"y":267,"width":12,"height":5}},{"id":"9962185f-6bc4-4e07-9924-817722fc0434","block_type":"box","text":"-","page_number":2,"box":{"x":457,"y":269,"width":2,"height":1}},{"id":"65508724-48f0-4ba0-bc5b-d6bf1af34fcf","block_type":"box","text":"1.0","page_number":2,"box":{"x":461,"y":267,"width":13,"height":5}},{"id":"42c6fa43-9991-4336-a5d4-435b42baae3b","block_type":"box","text":"Energy","page_number":2,"box":{"x":71,"y":286,"width":30,"height":6}},{"id":"07d676df-19da-4179-ba77-78acb2e46a28","block_type":"box","text":"3.6","page_number":2,"box":{"x":304,"y":286,"width":13,"height":5}},{"id":"7f8e09c2-7968-4b9a-aa96-2ab3565d0323","block_type":"box","text":"3.5","page_number":2,"box":{"x":375,"y":286,"width":13,"height":5}},{"id":"2e6b14da-9251-4517-82f5-766905c2246a","block_type":"box","text":"0.1","page_number":2,"box":{"x":461,"y":286,"width":13,"height":5}},{"id":"def506d7-300b-425f-8907-458c27abca24","block_type":"box","text":"Consumer Staples","page_number":2,"box":{"x":71,"y":305,"width":78,"height":6}},{"id":"18f687fa-fd0c-4cff-90ad-419812214cc1","block_type":"box","text":"3.5","page_number":2,"box":{"x":304,"y":305,"width":12,"height":5}},{"id":"2a9d7481-388b-4ba7-b483-5815cf820dae","block_type":"box","text":"4.3","page_number":2,"box":{"x":375,"y":305,"width":13,"height":5}},{"id":"be40b39f-676c-48ab-be9f-901a042a7377","block_type":"box","text":"-","page_number":2,"box":{"x":454,"y":308,"width":3,"height":0}},{"id":"1ca7e256-72ce-4f3e-857c-da85b01e3889","block_type":"box","text":"0.9","page_number":2,"box":{"x":459,"y":305,"width":13,"height":5}},{"id":"357cbb69-3c53-4433-8819-8a088876067f","block_type":"box","text":"Utilities","page_number":2,"box":{"x":71,"y":324,"width":33,"height":5}},{"id":"33bd97cb-51d4-4113-b8fb-8e8466d9738c","block_type":"box","text":"3.3","page_number":2,"box":{"x":304,"y":324,"width":12,"height":5}},{"id":"bc1c6e1b-459a-4b56-a5aa-3ea488d86a43","block_type":"box","text":"2.6","page_number":2,"box":{"x":376,"y":324,"width":12,"height":5}},{"id":"68fb1ec6-4c22-408e-8963-8933cfb704af","block_type":"box","text":"0.7","page_number":2,"box":{"x":459,"y":324,"width":12,"height":5}},{"id":"e427602c-aac2-4bce-9bee-d1291d6577e7","block_type":"box","text":"Health Care","page_number":2,"box":{"x":71,"y":343,"width":51,"height":5}},{"id":"8f0aeca5-4404-48c7-b746-6dc4ffeff432","block_type":"box","text":"2.8","page_number":2,"box":{"x":304,"y":343,"width":13,"height":5}},{"id":"ccc9e52a-2a3b-4f11-a31b-0aca763621a2","block_type":"box","text":"5.5","page_number":2,"box":{"x":375,"y":343,"width":13,"height":5}},{"id":"44d2f477-bfc1-4842-8aaa-1c2136f8857f","block_type":"box","text":"-","page_number":2,"box":{"x":454,"y":346,"width":3,"height":1}},{"id":"c319a228-9b04-4377-b156-0e9c30713320","block_type":"box","text":"2.8","page_number":2,"box":{"x":459,"y":343,"width":13,"height":5}},{"id":"ebc415c2-2a0d-4db9-a1c8-fe0915eace1e","block_type":"box","text":"Cash","page_number":2,"box":{"x":71,"y":362,"width":20,"height":6}},{"id":"59fd8176-0900-41d3-a52b-1ce57862185b","block_type":"box","text":"-","page_number":2,"box":{"x":300,"y":365,"width":2,"height":1}},{"id":"e060026d-0e8d-4ba1-8b30-8cbe9184f276","block_type":"box","text":"0.2","page_number":2,"box":{"x":304,"y":363,"width":13,"height":5}},{"id":"e7004697-c88b-4fd9-ae7e-ed1ca02d836b","block_type":"box","text":"0.0","page_number":2,"box":{"x":375,"y":363,"width":13,"height":5}},{"id":"57b557e5-2e75-423f-9798-1fb07760d942","block_type":"box","text":"-","page_number":2,"box":{"x":454,"y":365,"width":3,"height":1}},{"id":"2980be1c-e387-4de3-ab37-4e9d64f050d1","block_type":"box","text":"0.2","page_number":2,"box":{"x":459,"y":363,"width":13,"height":5}},{"id":"126f3bec-ef2b-45d2-ada8-4cd558ff994b","block_type":"box","text":"Index","page_number":2,"box":{"x":71,"y":378,"width":24,"height":5}},{"id":"35189968-8d57-40c0-9caf-92aae60bc085","block_type":"box","text":":","page_number":2,"box":{"x":100,"y":380,"width":1,"height":3}},{"id":"0caa3452-4ae4-424c-bc35-8883db4cc777","block_type":"box","text":"MSCI China All Shares","page_number":2,"box":{"x":106,"y":378,"width":94,"height":5}},{"id":"b65ff239-34ca-4dcd-89e8-ed8a4163ddd7","block_type":"box","text":".","page_number":2,"box":{"x":221,"y":382,"width":2,"height":1}},{"id":"54140d20-13bb-4b12-8507-fd09c82e9b6a","block_type":"box","text":"As well as cash in the bank, this balance includes unsettled cash flows arising from both shareholder flows and outstanding t","page_number":2,"box":{"x":227,"y":378,"width":548,"height":6}},{"id":"87e08fd1-09ee-4ee9-941d-fde4aa2664c2","block_type":"box","text":"rades.","page_number":2,"box":{"x":867,"y":378,"width":26,"height":5}},{"id":"036a88b7-76a8-4d73-8044-729ef57c89af","block_type":"box","text":"Therefore, a negative balance may arise from timing differences between shareholder flows and security trading and does not n","page_number":2,"box":{"x":71,"y":389,"width":564,"height":7}},{"id":"a7c2578c-adb6-4884-9567-88eec4e42cb3","block_type":"box","text":"ecessarily represent a bank overdraft.","page_number":2,"box":{"x":727,"y":389,"width":166,"height":7}},{"id":"460034cc-0083-4aea-a040-b3cc93ceb4d8","block_type":"box","text":"Active","page_number":2,"box":{"x":71,"y":405,"width":31,"height":6}},{"id":"165da73e-4c6a-42f5-bfbe-103e2aad10fe","block_type":"box","text":"s","page_number":2,"box":{"x":111,"y":406,"width":4,"height":5}},{"id":"54989988-a4e7-4493-b43d-d20fce349b95","block_type":"box","text":"hare","page_number":2,"box":{"x":118,"y":404,"width":22,"height":7}},{"id":"883e6ab8-0fa9-4107-9108-2af5a400c456","block_type":"box","text":"c","page_number":2,"box":{"x":147,"y":406,"width":4,"height":5}},{"id":"6d613ede-5ccd-412e-8fab-4d3202479570","block_type":"box","text":"lasses","page_number":2,"box":{"x":154,"y":404,"width":29,"height":7}},{"id":"0498c729-e026-4961-be28-61a3ecfe433a","block_type":"box","text":"Share Class","page_number":2,"box":{"x":71,"y":417,"width":50,"height":5}},{"id":"b2c2e7b0-b16e-4044-a333-b6a466118ce6","block_type":"box","text":"ISIN","page_number":2,"box":{"x":278,"y":417,"width":17,"height":5}},{"id":"1f14c76b-a557-4d65-806a-72d335da2b8e","block_type":"box","text":"SEDOL","page_number":2,"box":{"x":412,"y":417,"width":29,"height":5}},{"id":"861a8341-cdf5-4a43-bbd8-2fc4cb047ae0","block_type":"box","text":"Annual Management","page_number":2,"box":{"x":523,"y":417,"width":95,"height":7}},{"id":"b55bf7fe-ff5a-4259-a11f-e46c0fd48c23","block_type":"box","text":"Charge (%)","page_number":2,"box":{"x":547,"y":428,"width":48,"height":6}},{"id":"783c8041-d092-48c9-9b5c-c561dd70c8ba","block_type":"box","text":"Ongoing Charges Figure","page_number":2,"box":{"x":662,"y":417,"width":106,"height":7}},{"id":"e90c8511-4d6b-4807-b5b8-3b8ab58e6f5d","block_type":"box","text":"(%)","page_number":2,"box":{"x":715,"y":428,"width":13,"height":6}},{"id":"473b9c89-ee15-4633-ba97-c13f35060373","block_type":"box","text":"Historic Yield","page_number":2,"box":{"x":835,"y":417,"width":58,"height":5}},{"id":"3ffe3c9a-a6c5-4c75-888e-76978833897b","block_type":"box","text":"(%)","page_number":2,"box":{"x":860,"y":428,"width":13,"height":6}},{"id":"ef598402-4ec8-40ae-a53d-418aba5eccc5","block_type":"box","text":"Class B","page_number":2,"box":{"x":73,"y":440,"width":29,"height":6}},{"id":"395ff120-2957-482a-802d-7a7abd540bf3","block_type":"box","text":"-","page_number":2,"box":{"x":112,"y":443,"width":2,"height":1}},{"id":"d970eed4-c716-4c7d-a32b-6e0c9149701d","block_type":"box","text":"Acc","page_number":2,"box":{"x":116,"y":441,"width":15,"height":5}},{"id":"5c50b601-b45e-443c-a294-7078b0814216","block_type":"box","text":"GB00B39RMM81","page_number":2,"box":{"x":239,"y":441,"width":75,"height":5}},{"id":"1e0f82d9-61de-4713-a2e6-053dfd837d95","block_type":"box","text":"B39RMM8","page_number":2,"box":{"x":398,"y":441,"width":46,"height":5}},{"id":"8517c987-a553-4dca-b0ac-0048f3d27f99","block_type":"box","text":"0.72","page_number":2,"box":{"x":565,"y":441,"width":19,"height":5}},{"id":"e1e69ced-870a-4856-84cd-139b3f99ae53","block_type":"box","text":"0.78","page_number":2,"box":{"x":713,"y":441,"width":19,"height":5}},{"id":"7bd5e6f1-33ed-403c-8268-457cf473141a","block_type":"box","text":"1.05","page_number":2,"box":{"x":860,"y":441,"width":17,"height":5}},{"id":"5f6bdf7a-6686-4d0e-b226-17c75c2290b4","block_type":"box","text":"Class B","page_number":2,"box":{"x":73,"y":453,"width":29,"height":6}},{"id":"53f6335a-03df-4d67-889b-d2c7c672d8fd","block_type":"box","text":"-","page_number":2,"box":{"x":112,"y":456,"width":2,"height":1}},{"id":"d89c0a5a-ce50-4635-8f57-fbb2f0055d3f","block_type":"box","text":"Inc","page_number":2,"box":{"x":117,"y":454,"width":11,"height":5}},{"id":"bf931d81-945a-46be-ab74-e7a136439924","block_type":"box","text":"GB00B3K73F73","page_number":2,"box":{"x":241,"y":454,"width":67,"height":5}},{"id":"bc7d105d-2e63-4ec0-9667-07d0fa9de3e2","block_type":"box","text":"B3K73F7","page_number":2,"box":{"x":401,"y":454,"width":37,"height":5}},{"id":"8205f711-81b7-43f1-94fb-52c95700dca5","block_type":"box","text":"0.72","page_number":2,"box":{"x":565,"y":454,"width":19,"height":5}},{"id":"9febbf8f-5cf0-4c73-a259-891c7aca8bdd","block_type":"box","text":"0.78","page_number":2,"box":{"x":713,"y":454,"width":19,"height":5}},{"id":"bd4b4fcf-912c-442b-8eb2-184ea64bf588","block_type":"box","text":"1.05","page_number":2,"box":{"x":860,"y":454,"width":17,"height":5}},{"id":"1921ba8e-bd90-4251-84a5-390f12011e0b","block_type":"box","text":"The table displays the primary share classes. Other share classes may be available for those investors who have a separate ar","page_number":2,"box":{"x":71,"y":468,"width":551,"height":6}},{"id":"c35d2422-91ae-4bd1-a5ab-0da35e037053","block_type":"box","text":"rangement. Charges will reduce the value","page_number":2,"box":{"x":717,"y":468,"width":182,"height":6}},{"id":"51fd639b-7c19-4c2a-9241-e20ce7af4903","block_type":"box","text":"of the investment. Please refer to the Prospectus and Key Investor Information Document for further details.","page_number":2,"box":{"x":71,"y":478,"width":479,"height":6}},{"id":"fcc14f0a-1479-4081-8e83-ad8fd60a371d","block_type":"box","text":"Key","page_number":2,"box":{"x":72,"y":504,"width":17,"height":7}},{"id":"739e0264-daba-45f0-8020-5be77ad26dad","block_type":"box","text":"t","page_number":2,"box":{"x":96,"y":504,"width":4,"height":6}},{"id":"473c2eec-77ba-4ded-b07c-00c7912502bb","block_type":"box","text":"erms","page_number":2,"box":{"x":101,"y":505,"width":25,"height":5}},{"id":"eb9fb73c-ea83-4d54-bd44-ed496610f486","block_type":"box","text":"Active","page_number":2,"box":{"x":71,"y":519,"width":27,"height":5}},{"id":"7eb40446-0e70-4ca1-a4a3-0b308be5e5a4","block_type":"box","text":"s","page_number":2,"box":{"x":106,"y":520,"width":4,"height":4}},{"id":"340d57c3-b21e-49a2-81d2-367c6ed16d76","block_type":"box","text":"hare","page_number":2,"box":{"x":112,"y":519,"width":20,"height":5}},{"id":"78531a54-4d99-40b7-a2ec-dece6e450f38","block_type":"box","text":"is a measure of the Fund's overlap with the benchmark. An active","page_number":2,"box":{"x":138,"y":519,"width":288,"height":6}},{"id":"84c1f851-7348-4f44-a0cd-9a8d8a3712b1","block_type":"box","text":"share of 100 indicates no overlap with the index and an active share of zero","page_number":2,"box":{"x":71,"y":530,"width":333,"height":7}},{"id":"a4fd3bd2-02d3-4c81-b749-990d66e30f17","block_type":"box","text":"indicates a portfolio that tracks the index.","page_number":2,"box":{"x":71,"y":541,"width":183,"height":7}},{"id":"db796f1a-0c7e-46ba-8bd6-ac07cde3036b","block_type":"box","text":"Annual","page_number":2,"box":{"x":71,"y":556,"width":31,"height":6}},{"id":"1c096758-4c37-4c76-aced-54c01042b5fc","block_type":"box","text":"t","page_number":2,"box":{"x":109,"y":557,"width":3,"height":5}},{"id":"c6b76fca-6cd1-4dcd-8f05-e1695cc83a9e","block_type":"box","text":"urnover","page_number":2,"box":{"x":113,"y":558,"width":35,"height":4}},{"id":"e2f2285e-ccb1-48d7-903f-602e4d929f90","block_type":"box","text":"is calculated as the sum of the monthly turnover figures for the 12","page_number":2,"box":{"x":155,"y":556,"width":292,"height":7}},{"id":"d6cf6f3a-a77f-450b-8b72-7dd0836025ee","block_type":"box","text":"-","page_number":2,"box":{"x":493,"y":559,"width":3,"height":1}},{"id":"5f4602b8-633c-41f6-980d-1e94c350b7c6","block_type":"box","text":"month period.","page_number":2,"box":{"x":71,"y":568,"width":62,"height":6}},{"id":"53ba8c40-e264-49f3-812e-0f9be6e4f13e","block_type":"box","text":"Periodic","page_number":2,"box":{"x":71,"y":583,"width":36,"height":5}},{"id":"c26d4cf5-902d-4da4-8609-73641a658ba5","block_type":"box","text":"p","page_number":2,"box":{"x":116,"y":584,"width":4,"height":5}},{"id":"35521d24-5c19-4cd5-a8dd-a24064fd93e3","block_type":"box","text":"erformance","page_number":2,"box":{"x":122,"y":583,"width":52,"height":5}},{"id":"dab95347-2f8a-47bb-8aa1-73d1c9fa7538","block_type":"box","text":"is a method of evaluating how a fund is doing over time. It","page_number":2,"box":{"x":184,"y":583,"width":256,"height":6}},{"id":"df6533b3-1af1-4f29-a8e9-aac31dac554a","block_type":"box","text":"compares a fund's performance in each period to its performance in past periods.","page_number":2,"box":{"x":71,"y":594,"width":360,"height":7}},{"id":"036bbbee-85d2-421a-b657-e848e6400005","block_type":"box","text":"It also looks at the performance of the fund to the performance of an index or its","page_number":2,"box":{"x":71,"y":605,"width":357,"height":7}},{"id":"1584b3c4-082c-4a27-b114-32f12d59c82c","block_type":"box","text":"peers.","page_number":2,"box":{"x":71,"y":618,"width":26,"height":5}},{"id":"ce292e6c-110f-406e-8371-998c4e191286","block_type":"box","text":"Discrete","page_number":2,"box":{"x":71,"y":632,"width":36,"height":5}},{"id":"4c08fb85-87ee-4468-9aab-5ce4feae58e4","block_type":"box","text":"p","page_number":2,"box":{"x":117,"y":633,"width":4,"height":5}},{"id":"e1d81868-371d-4daf-9b18-107b9e0e4b9f","block_type":"box","text":"erformance","page_number":2,"box":{"x":123,"y":632,"width":52,"height":5}},{"id":"f8255468-135e-4c68-bfe8-5ce1846659b0","block_type":"box","text":"is a method of evaluating the degree to which a fund","page_number":2,"box":{"x":185,"y":632,"width":232,"height":6}},{"id":"24a0c73f-0762-44ce-8d5e-4cb9aeb21f0a","block_type":"box","text":"performs compared against its benchmark on a given date.","page_number":2,"box":{"x":71,"y":643,"width":259,"height":6}},{"id":"83338860-af1c-415d-b5da-98d4e1494885","block_type":"box","text":"Historic","page_number":2,"box":{"x":71,"y":658,"width":34,"height":5}},{"id":"32c8f56a-81a8-4ddb-afaf-c43149c6c5d3","block_type":"box","text":"y","page_number":2,"box":{"x":113,"y":659,"width":5,"height":5}},{"id":"faeaa1ea-20de-4d78-b3ac-fcd16967bbf7","block_type":"box","text":"ield","page_number":2,"box":{"x":119,"y":658,"width":16,"height":5}},{"id":"e1110f30-ed7d-4b0b-a481-c4e234e0cf67","block_type":"box","text":"is based on distributions paid by the Fund in the previous 12 months","page_number":2,"box":{"x":141,"y":658,"width":301,"height":6}},{"id":"46f827ea-8f67-42fe-871b-d50234379287","block_type":"box","text":"as a percentage of the mid","page_number":2,"box":{"x":71,"y":669,"width":116,"height":7}},{"id":"7d89644a-8121-4a95-bda2-001c1a13e619","block_type":"box","text":"-","page_number":2,"box":{"x":208,"y":672,"width":3,"height":1}},{"id":"3bc63a66-72f1-4bb8-86f8-6e8f424b5f84","block_type":"box","text":"market share price, as at the date shown. Investors","page_number":2,"box":{"x":213,"y":669,"width":225,"height":7}},{"id":"27ce3185-1666-49b9-bf1d-e454dc56b1ee","block_type":"box","text":"may be subject to tax on their distributions, however, we are unable to give tax","page_number":2,"box":{"x":71,"y":680,"width":350,"height":7}},{"id":"4259065a-3369-420e-bcdc-1f7e2d8b7c8b","block_type":"box","text":"advice. Where we believe the historic yield to be materially unrepresentative,","page_number":2,"box":{"x":71,"y":692,"width":342,"height":6}},{"id":"8469abc3-1877-4e3d-a3ec-449c50bf5c46","block_type":"box","text":"forecast yields have been quoted based on estimated income and expenses.","page_number":2,"box":{"x":71,"y":703,"width":335,"height":7}},{"id":"a7458659-af83-43ae-b1df-9e471eaefdb6","block_type":"box","text":"IA Sectors","page_number":2,"box":{"x":71,"y":718,"width":44,"height":5}},{"id":"53618214-74ec-49fe-b5aa-3eecec1b0485","block_type":"box","text":"are provided by the Investment Association. These sectors break up the","page_number":2,"box":{"x":127,"y":718,"width":316,"height":7}},{"id":"147709c5-0980-4609-9acf-08d9fd3780aa","block_type":"box","text":"universe of available funds to help investors navigate the large number of available","page_number":2,"box":{"x":71,"y":730,"width":366,"height":6}},{"id":"f717f236-e0e8-45b7-9a30-388121628c11","block_type":"box","text":"products.","page_number":2,"box":{"x":71,"y":741,"width":41,"height":6}},{"id":"d85369a6-a962-475e-bc84-665bf8ccde75","block_type":"box","text":"Additional fund information","page_number":2,"box":{"x":516,"y":503,"width":143,"height":7}},{"id":"4fd8de2c-9e0a-434d-bc8b-46383b6e88bb","block_type":"box","text":"The ongoing charge figure may vary from year to year and will exclude the costs of","page_number":2,"box":{"x":516,"y":519,"width":364,"height":6}},{"id":"25647c25-cb38-412b-9289-4a952250d764","block_type":"box","text":"buying and selling assets for the Fund (unless these assets are shares of another","page_number":2,"box":{"x":516,"y":530,"width":353,"height":7}},{"id":"881f9431-1d5b-4f73-9828-83c3d5902236","block_type":"box","text":"fund). The Ongoing Charge Figure (OCF) is at the latest annual or interim period.","page_number":2,"box":{"x":516,"y":541,"width":353,"height":7}},{"id":"00ae6afb-bbb7-41f6-b746-96f4782dd26f","block_type":"box","text":"The OCF may be lower than previous declarations as a result of a revision to how","page_number":2,"box":{"x":516,"y":553,"width":356,"height":6}},{"id":"9ac3ce90-0d40-48d0-988e-cdd1cda84d6a","block_type":"box","text":"the indirect fees associated with closed","page_number":2,"box":{"x":516,"y":564,"width":173,"height":5}},{"id":"d3d7e3c5-6233-491e-8a80-8262f4032e1a","block_type":"box","text":"-","page_number":2,"box":{"x":719,"y":567,"width":3,"height":1}},{"id":"91907c04-722b-4224-968c-d5226f928b82","block_type":"box","text":"ended investment companies need to be","page_number":2,"box":{"x":724,"y":564,"width":180,"height":7}},{"id":"aef6c3fd-f90e-4c70-8502-1bb21336521e","block_type":"box","text":"shown. This does not necessarily mean that fund expenses have gone down rather","page_number":2,"box":{"x":516,"y":575,"width":364,"height":7}},{"id":"edb9d8a9-d6e5-4de4-8f21-4e674dd037e9","block_type":"box","text":"that we have reverted to h","page_number":2,"box":{"x":516,"y":587,"width":117,"height":5}},{"id":"c5f9044d-34f4-4bb8-a3f8-d185e8e7da64","block_type":"box","text":"ow they have been calculated until 30 June 2022 to","page_number":2,"box":{"x":651,"y":587,"width":226,"height":6}},{"id":"4effa501-87d9-4c5b-a074-830757a9acd9","block_type":"box","text":"reflect the revised Investment Association’s Guidance on Disclosure of Fund","page_number":2,"box":{"x":516,"y":598,"width":334,"height":5}},{"id":"0f3b8094-c7d3-4bb5-a5b8-217fd343f09c","block_type":"box","text":"Charges and Costs (July 2020, updated January 2022, revised November 2023).","page_number":2,"box":{"x":516,"y":609,"width":347,"height":7}},{"id":"d587c1d2-71a6-407a-a74a-1e25a5cba44e","block_type":"box","text":"Further explanation of all the charges and costs relating to this Fund can be found","page_number":2,"box":{"x":517,"y":621,"width":359,"height":7}},{"id":"d2796527-7678-45a5-b603-66a3f96fb197","block_type":"box","text":"in the Enhanced Disclosure of Fund Charges and Costs document, which is","page_number":2,"box":{"x":516,"y":632,"width":326,"height":7}},{"id":"3b385f29-2ca5-443d-9a78-de702a3be10d","block_type":"box","text":"available through our website, bailliegifford.com. Where the share class has been","page_number":2,"box":{"x":516,"y":644,"width":359,"height":6}},{"id":"ac85180a-a7b5-4733-a661-791863008236","block_type":"box","text":"launched during the financial period and / or expenses during the perio","page_number":2,"box":{"x":516,"y":655,"width":314,"height":6}},{"id":"2ccb12c5-3079-4e0c-92c2-37d4e22b8104","block_type":"box","text":"d are not","page_number":2,"box":{"x":882,"y":655,"width":39,"height":5}},{"id":"3b16506a-140f-4759-8fdc-f62f4a974dd2","block_type":"box","text":"representative, an estimate of expenses may have been used instead. Baillie","page_number":2,"box":{"x":516,"y":666,"width":336,"height":7}},{"id":"0103c9ce-16cb-45bf-adcf-659534058705","block_type":"box","text":"Gifford operates a single swinging price for the Fund and, therefore, may apply a","page_number":2,"box":{"x":516,"y":678,"width":355,"height":6}},{"id":"76c67748-72f3-4074-9a54-2d7f0d69acc4","block_type":"box","text":"dilution adjustment to the price to protect long","page_number":2,"box":{"x":516,"y":689,"width":208,"height":7}},{"id":"3b4d84ea-b00f-4c90-aeaf-cd66f14f9ec8","block_type":"box","text":"-","page_number":2,"box":{"x":755,"y":692,"width":3,"height":0}},{"id":"4a3e3fcb-64f4-4baa-97bb-b047145b41f4","block_type":"box","text":"term investors from the costs","page_number":2,"box":{"x":759,"y":689,"width":130,"height":5}},{"id":"0cbf5bcd-ae20-47c0-877b-32ebaeab178b","block_type":"box","text":"associated with buying and selling underlying investments that result from other","page_number":2,"box":{"x":516,"y":700,"width":355,"height":7}},{"id":"fa63c99e-f009-4c0f-a6a9-eb518551d16d","block_type":"box","text":"investors joining or leaving the Fund. This adjustment will affect relative","page_number":2,"box":{"x":516,"y":712,"width":317,"height":6}},{"id":"d31da260-b0cc-4c86-ba66-df2cb0948763","block_type":"box","text":"performance, either positively or negatively.","page_number":2,"box":{"x":516,"y":723,"width":195,"height":7}},{"id":"5c5f9df5-264b-48df-b4bb-1b16ec21af25","block_type":"box","text":"Turnover is calculated by taking the smaller figure of either total purchases or total","page_number":2,"box":{"x":516,"y":734,"width":365,"height":7}},{"id":"4030f150-4834-4649-a337-2195a85bc4c4","block_type":"box","text":"sales for the month and dividing it by an average market value. The Annual","page_number":2,"box":{"x":516,"y":746,"width":330,"height":6}},{"id":"dce6fed6-40d1-42ec-8f7f-b3be9d31c114","block_type":"box","text":"Turnover is then calculated as the sum of the monthly turnover figures for the 12","page_number":2,"box":{"x":516,"y":757,"width":358,"height":7}},{"id":"d952da98-ae23-4dd4-9214-6f2009689082","block_type":"box","text":"-","page_number":2,"box":{"x":929,"y":760,"width":3,"height":1}},{"id":"1cbc27d2-d364-4e24-a11a-7ade0ec67364","block_type":"box","text":"month period.","page_number":2,"box":{"x":516,"y":768,"width":62,"height":7}},{"id":"cefd7246-bf05-41ff-b8a1-a2507c80d5b9","block_type":"box","text":"All figures are rounded, so any totals may not sum.","page_number":2,"box":{"x":516,"y":780,"width":224,"height":6}},{"id":"5d43c245-0d5c-4831-92df-2163c81ce866","block_type":"box","text":"Baillie Gifford China Fund","page_number":3,"box":{"x":382,"y":27,"width":205,"height":10}},{"id":"7bd521cb-ea63-4c76-9aee-abf2be55a65d","block_type":"box","text":"30 September 2026","page_number":3,"box":{"x":762,"y":26,"width":159,"height":12}},{"id":"a87c6142-fc03-4899-98b8-8b6895de9274","block_type":"box","text":"Further","page_number":3,"box":{"x":62,"y":108,"width":46,"height":8}},{"id":"8c6d651c-c151-455c-9241-575313f55808","block_type":"box","text":"i","page_number":3,"box":{"x":117,"y":108,"width":2,"height":8}},{"id":"86fb9349-0b7b-4b41-945f-26679a47c2e6","block_type":"box","text":"nformation","page_number":3,"box":{"x":120,"y":108,"width":70,"height":8}},{"id":"d9147e7c-611e-44e2-bbfa-5837f2858942","block_type":"box","text":"Any comments expressed in this factsheet should not be taken","page_number":3,"box":{"x":62,"y":131,"width":342,"height":8}},{"id":"25129d05-2a93-4a19-b7f8-1c64bb7c1614","block_type":"box","text":"as a recommendation or advice.","page_number":3,"box":{"x":62,"y":145,"width":174,"height":6}},{"id":"28559688-4199-4277-8670-6fa96e27aaae","block_type":"box","text":"This factsheet does not provide you with all the facts that you","page_number":3,"box":{"x":68,"y":158,"width":346,"height":9}},{"id":"24172575-edf6-4b30-98eb-be0fc8a30c81","block_type":"box","text":"need to make an informed decision about investing in the Fund.","page_number":3,"box":{"x":62,"y":172,"width":357,"height":9}},{"id":"10ffec16-e6cc-462e-9d2d-ecff91bf29bc","block_type":"box","text":"You need to read the associated Key Investor Information","page_number":3,"box":{"x":61,"y":186,"width":323,"height":9}},{"id":"5da93183-1a41-4131-9332-304b8ba59b7b","block_type":"box","text":"Document and Supplementary Information Document and decide","page_number":3,"box":{"x":62,"y":200,"width":367,"height":9}},{"id":"d5a708e3-bfc3-4e49-af50-2665489cb756","block_type":"box","text":"whether to contact an authorised intermediary.","page_number":3,"box":{"x":62,"y":214,"width":267,"height":9}},{"id":"a36f461b-a4a1-4fc3-b5cb-fdd1c9cf57c7","block_type":"box","text":"This factsheet has been issued and approved by Baillie Gifford","page_number":3,"box":{"x":61,"y":228,"width":339,"height":9}},{"id":"4997b3b9-1075-4737-9a63-1159df5f5d7b","block_type":"box","text":"& Co Limited, which is wholly owned by Baillie Gifford & Co,","page_number":3,"box":{"x":61,"y":242,"width":328,"height":9}},{"id":"5da57292-5262-47f7-8592-57a6eb99b4a7","block_type":"box","text":"both of which are authorised and regulated by the Financial","page_number":3,"box":{"x":62,"y":256,"width":326,"height":8}},{"id":"3e9611c2-c032-49c1-a991-df4491abcd5a","block_type":"box","text":"Conduct Authority.","page_number":3,"box":{"x":62,"y":270,"width":103,"height":8}},{"id":"1e807dc8-0872-4327-9024-c452bae262d3","block_type":"box","text":"Baillie Gifford Overseas Limited is wholly owned by Baillie","page_number":3,"box":{"x":63,"y":284,"width":314,"height":8}},{"id":"ddb77e63-21d3-4b50-8174-6df16c7aa6ce","block_type":"box","text":"Gifford & Co. Baillie Gifford Overseas Limited provides","page_number":3,"box":{"x":62,"y":298,"width":296,"height":8}},{"id":"cc266cae-508d-4ddd-9f50-89e721ff76ba","block_type":"box","text":"investment management and advisory services to non","page_number":3,"box":{"x":62,"y":312,"width":295,"height":8}},{"id":"25973f8d-098f-4ee3-b745-d8aa868d86e0","block_type":"box","text":"-","page_number":3,"box":{"x":403,"y":316,"width":3,"height":1}},{"id":"fceb2751-a047-4f4d-917c-01ca2ca0db4b","block_type":"box","text":"UK","page_number":3,"box":{"x":408,"y":313,"width":15,"height":6}},{"id":"a9747b39-3243-4192-a55d-eb96ff39a9f2","block_type":"box","text":"clients and is authorised and regulated by the Financial Conduct","page_number":3,"box":{"x":62,"y":326,"width":349,"height":8}},{"id":"8704c28e-702d-4c2d-b29b-4da3832a437b","block_type":"box","text":"Authority.","page_number":3,"box":{"x":62,"y":340,"width":54,"height":8}},{"id":"593854b8-07bb-4799-ac17-9cecb24f800e","block_type":"box","text":"Target","page_number":3,"box":{"x":61,"y":362,"width":40,"height":9}},{"id":"c5a009cc-1f6f-47fa-8f55-de1180d40394","block_type":"box","text":"m","page_number":3,"box":{"x":112,"y":364,"width":10,"height":5}},{"id":"b119ee4a-5b08-4410-9eb4-82cf56368500","block_type":"box","text":"arket","page_number":3,"box":{"x":125,"y":362,"width":32,"height":7}},{"id":"cd34852f-5be2-4750-b683-24128bd5312c","block_type":"box","text":"This Fund is suitable for all investors seeking a Fund that aims","page_number":3,"box":{"x":61,"y":384,"width":337,"height":8}},{"id":"80b4254c-825f-47ca-b325-9278bc5a48b9","block_type":"box","text":"to deliver capital growth over a long","page_number":3,"box":{"x":62,"y":398,"width":197,"height":8}},{"id":"543871c9-c6f2-4992-b1a5-77091e14575f","block_type":"box","text":"-","page_number":3,"box":{"x":289,"y":402,"width":3,"height":0}},{"id":"da91eab9-4338-4e9f-8f46-e6efbf38cc66","block_type":"box","text":"term investment horizon.","page_number":3,"box":{"x":294,"y":398,"width":138,"height":7}},{"id":"5d8858cb-dc3f-4a2c-bb00-c706b7bfa14e","block_type":"box","text":"The investor should be prepared to bear losses. This Fund is","page_number":3,"box":{"x":61,"y":412,"width":327,"height":8}},{"id":"d8d3d010-4122-4628-b77a-811baaeac56b","block_type":"box","text":"compatible for mass market distribution. This Fund may not be","page_number":3,"box":{"x":62,"y":426,"width":344,"height":8}},{"id":"6501386e-c329-4f2f-b2f6-38a1a0c8a521","block_type":"box","text":"suitable for investors who are concerned about short","page_number":3,"box":{"x":62,"y":440,"width":290,"height":6}},{"id":"cad0f150-d5c2-4bc4-b9a2-c13c4ae89f97","block_type":"box","text":"-","page_number":3,"box":{"x":396,"y":444,"width":3,"height":0}},{"id":"49ac28fd-2e45-4d6f-a3be-970e68f75391","block_type":"box","text":"term","page_number":3,"box":{"x":401,"y":441,"width":25,"height":5}},{"id":"e5a6ca4a-0889-4d00-93ba-f06604e56169","block_type":"box","text":"volatility and performance, seeking a regular source of income","page_number":3,"box":{"x":62,"y":454,"width":341,"height":8}},{"id":"75fc1ede-60f6-4166-9530-141a5febd0d1","block_type":"box","text":"and investing for less than five years. This Fund does not offer","page_number":3,"box":{"x":62,"y":468,"width":338,"height":8}},{"id":"72712ba6-294e-4144-b14b-d1dd50a4b38d","block_type":"box","text":"capital protection.","page_number":3,"box":{"x":62,"y":482,"width":99,"height":8}},{"id":"81d9cf71-4a62-4678-a292-a93ce0036034","block_type":"box","text":"Risk","page_number":3,"box":{"x":62,"y":503,"width":25,"height":8}},{"id":"e79e2e37-5727-4abc-9e7e-eb0c05379e04","block_type":"box","text":"w","page_number":3,"box":{"x":94,"y":506,"width":11,"height":5}},{"id":"9b25be23-8345-482d-b2e6-36ef9d2b7c5e","block_type":"box","text":"arnings","page_number":3,"box":{"x":107,"y":504,"width":45,"height":9}},{"id":"b498123a-db23-4521-8272-49a288cec7fc","block_type":"box","text":"Investment markets can go down as well as up and market","page_number":3,"box":{"x":63,"y":525,"width":319,"height":8}},{"id":"108e85b7-016d-4bb3-a333-be8e689799f7","block_type":"box","text":"conditions can change rapidly. The value of an investment in the","page_number":3,"box":{"x":62,"y":537,"width":351,"height":8}},{"id":"70a131e6-974f-4aea-af06-2e880cea819c","block_type":"box","text":"Fund, and any income from it, can fall as well as rise and","page_number":3,"box":{"x":63,"y":548,"width":306,"height":9}},{"id":"4c195dce-d260-4f03-aa57-dd29cade1c39","block_type":"box","text":"investors may not get back the amount invested.","page_number":3,"box":{"x":62,"y":560,"width":266,"height":9}},{"id":"df9b0744-dc52-41d8-b5cf-b4e145ec50d7","block_type":"box","text":"The specific risks associated with the Fund include:","page_number":3,"box":{"x":69,"y":572,"width":277,"height":9}},{"id":"bb9b5d2b-7acd-44cc-b919-6a7108cdaac1","block_type":"box","text":"—","page_number":3,"box":{"x":61,"y":588,"width":16,"height":0}},{"id":"e2d3f97c-2e43-430b-af10-a093b821985b","block_type":"box","text":"Custody of assets, particularly in emerging markets,","page_number":3,"box":{"x":92,"y":584,"width":282,"height":8}},{"id":"f0a99c7b-f61b-4d46-9f56-40631cb50048","block_type":"box","text":"involves a risk of loss if a custodian becomes insolvent or","page_number":3,"box":{"x":92,"y":596,"width":311,"height":7}},{"id":"5d59a874-dbd6-4697-8989-00880b235fff","block_type":"box","text":"breaches duties of care.","page_number":3,"box":{"x":93,"y":608,"width":129,"height":7}},{"id":"2b914243-2c9f-47fc-ab78-40f2adb05f0c","block_type":"box","text":"—","page_number":3,"box":{"x":61,"y":624,"width":16,"height":0}},{"id":"8f155b7f-6f50-49de-94fd-547ea08a8b3a","block_type":"box","text":"The Fund's exposure to a single market may increase share","page_number":3,"box":{"x":92,"y":620,"width":322,"height":8}},{"id":"99322ef3-192a-4a4c-ba4f-8943fb46f9c7","block_type":"box","text":"price movements.","page_number":3,"box":{"x":93,"y":632,"width":97,"height":8}},{"id":"1a8c0fc9-eb57-437a-8131-5c8118d18dac","block_type":"box","text":"—","page_number":3,"box":{"x":61,"y":647,"width":16,"height":1}},{"id":"682d2e95-e00a-4a2f-9443-05d88e16d8f4","block_type":"box","text":"The Fund invests primarily in the shares of, or depositary","page_number":3,"box":{"x":92,"y":644,"width":311,"height":8}},{"id":"d2e03a42-51d4-4309-ba39-09aac5ff1086","block_type":"box","text":"receipts representing the shares of, Chinese companies","page_number":3,"box":{"x":93,"y":655,"width":302,"height":9}},{"id":"4fda4588-3cb3-474f-97a5-d9e6bd4ddefc","block_type":"box","text":"where difficulties with market volatility, political and","page_number":3,"box":{"x":92,"y":667,"width":287,"height":8}},{"id":"5407f404-6ff9-4790-8c7e-349d67a146c5","block_type":"box","text":"economic instability including the risk of market shutdown,","page_number":3,"box":{"x":92,"y":679,"width":323,"height":8}},{"id":"be148c2e-8ac3-407a-a785-9259ee75bbe8","block_type":"box","text":"trading, liquidity, settlement, corporate governance,","page_number":3,"box":{"x":92,"y":691,"width":286,"height":8}},{"id":"76f609ad-cae4-4f67-8c8c-0a5c8616ea2b","block_type":"box","text":"regulation, legislation and taxation could arise, resulting in","page_number":3,"box":{"x":93,"y":703,"width":318,"height":8}},{"id":"1d52dfc5-644a-4264-a7f3-6041d8cb9244","block_type":"box","text":"a negative impact on the value of your investment.","page_number":3,"box":{"x":92,"y":715,"width":278,"height":8}},{"id":"693eed48-3266-4e27-9b17-7cafd21ca31c","block_type":"box","text":"—","page_number":3,"box":{"x":61,"y":730,"width":16,"height":1}},{"id":"deac28b9-1d8b-4a03-9e1d-d50cd5fdd369","block_type":"box","text":"The Fund has exposure to foreign currencies and changes","page_number":3,"box":{"x":92,"y":727,"width":314,"height":8}},{"id":"66221255-fe0d-4e4c-bc19-66d589a91794","block_type":"box","text":"in the rates of exchange will cause the value of any","page_number":3,"box":{"x":92,"y":739,"width":278,"height":8}},{"id":"611a1d2a-c5b0-4308-a569-eeeac9721543","block_type":"box","text":"investment, and income from it, to fall as well as rise and","page_number":3,"box":{"x":92,"y":750,"width":311,"height":8}},{"id":"cb413d7a-c447-4156-b12f-3bb8d6543320","block_type":"box","text":"you may not get back the amount invested.","page_number":3,"box":{"x":92,"y":762,"width":237,"height":9}},{"id":"f4afac16-a3d3-4ee5-90df-1b6d9cdfa5fe","block_type":"box","text":"—","page_number":3,"box":{"x":61,"y":778,"width":16,"height":0}},{"id":"2e7b0e67-583d-48c1-b706-b008c95d50b8","block_type":"box","text":"The Fund's share price can be volatile due to movements in","page_number":3,"box":{"x":92,"y":774,"width":324,"height":8}},{"id":"ee75689b-a492-4608-8e45-9d3a3fa48388","block_type":"box","text":"the prices of the underlying holdings and the basis on","page_number":3,"box":{"x":92,"y":786,"width":292,"height":8}},{"id":"96d0eda7-0590-4c4e-a2dc-97ff6cbc6122","block_type":"box","text":"which the Fund is priced.","page_number":3,"box":{"x":92,"y":798,"width":136,"height":8}},{"id":"3a7a24af-4a83-4ee8-8c90-a8d9a10719e8","block_type":"box","text":"Further details of the risks associated with investing in the Fund","page_number":3,"box":{"x":63,"y":810,"width":347,"height":8}},{"id":"37d6935a-f8d0-49ce-bef5-3ee218de76e5","block_type":"box","text":"can be found in the Key Investor Information Document or the","page_number":3,"box":{"x":62,"y":822,"width":341,"height":8}},{"id":"d72cd520-a95f-445d-95fc-2433cd6c6da6","block_type":"box","text":"Prospectus, copies of which are available at bailliegifford.com.","page_number":3,"box":{"x":63,"y":834,"width":339,"height":8}},{"id":"7f1a00bd-e35f-4816-ae08-12625403c83a","block_type":"box","text":"Legal","page_number":3,"box":{"x":531,"y":108,"width":30,"height":9}},{"id":"d1e445d3-0912-438c-b2a3-7a26f3fa962e","block_type":"box","text":"n","page_number":3,"box":{"x":571,"y":110,"width":7,"height":6}},{"id":"be35a132-55af-4bfc-bf4f-20cfb6b6fac7","block_type":"box","text":"otices","page_number":3,"box":{"x":579,"y":108,"width":37,"height":8}},{"id":"e702d250-f0ec-4acc-8339-e14b1073282b","block_type":"box","text":"Source: MSCI. MSCI makes no express or implied warranties or","page_number":3,"box":{"x":530,"y":131,"width":343,"height":8}},{"id":"d08659e0-958e-4c57-9d39-c4caa0df0120","block_type":"box","text":"representations and shall have no liability whatsoever with","page_number":3,"box":{"x":531,"y":145,"width":321,"height":8}},{"id":"e737fb46-0315-4bab-9519-06c01332243c","block_type":"box","text":"respect to any MSCI data contained herein. The MSCI data may","page_number":3,"box":{"x":531,"y":159,"width":344,"height":8}},{"id":"46d4ae5f-e115-4626-8da1-e4dc4d63a8ad","block_type":"box","text":"not be further redistributed or used as a basis for other indexes","page_number":3,"box":{"x":531,"y":172,"width":347,"height":7}},{"id":"e4f03898-d55e-4352-b805-f03f335929d5","block_type":"box","text":"or any securities or financial products. This report is not","page_number":3,"box":{"x":530,"y":186,"width":305,"height":9}},{"id":"01fefa68-0e8d-4254-acb7-262c2af3cba9","block_type":"box","text":"approved, endorsed, reviewed or produced by MSCI. None of","page_number":3,"box":{"x":530,"y":200,"width":336,"height":9}},{"id":"a27e8c0d-2562-425e-8e4a-b86bd5f6ca4c","block_type":"box","text":"the MSCI data is intended to constitute investment advice or a","page_number":3,"box":{"x":530,"y":214,"width":341,"height":7}},{"id":"75489f9a-a128-474c-9eae-087f80f78c1e","block_type":"box","text":"recommendation to make (or refrain from making) any kind of","page_number":3,"box":{"x":531,"y":228,"width":341,"height":9}},{"id":"b93a22fd-f524-4ba8-aa7a-2e3e880b430a","block_type":"box","text":"investment decision and may not be relied on as such.","page_number":3,"box":{"x":531,"y":242,"width":295,"height":9}},{"id":"2455cda4-55d4-4a6d-9b6f-3206c5257c8d","block_type":"box","text":"Contact","page_number":3,"box":{"x":530,"y":264,"width":48,"height":7}},{"id":"6f46d7c7-6e38-4ed8-b761-ccbff195934e","block_type":"box","text":"u","page_number":3,"box":{"x":589,"y":266,"width":6,"height":5}},{"id":"b678a18e-4676-4285-bd4d-50262bd1bc9d","block_type":"box","text":"s","page_number":3,"box":{"x":597,"y":266,"width":5,"height":5}},{"id":"66867bd4-7b65-417d-983f-a35633e3c80b","block_type":"box","text":"For further information about the Fund or Baillie Gifford’s range","page_number":3,"box":{"x":531,"y":286,"width":350,"height":8}},{"id":"294d78bd-8f7e-46cb-872a-10a66ce24662","block_type":"box","text":"of OEICs, please contact our Client Relations Team on 0800","page_number":3,"box":{"x":530,"y":300,"width":323,"height":8}},{"id":"e0d135be-0b48-44e9-8ba5-40f16452f860","block_type":"box","text":"917 2113, visit our website at","page_number":3,"box":{"x":530,"y":314,"width":161,"height":8}},{"id":"d1973862-8460-4635-bdda-9d3702748697","block_type":"box","text":"bailliegifford.com","page_number":3,"box":{"x":717,"y":314,"width":95,"height":8}},{"id":"76edcd61-7665-4e79-ac2e-675f7094b99f","block_type":"box","text":", or email","page_number":3,"box":{"x":827,"y":314,"width":50,"height":8}},{"id":"653775fc-42af-4836-810a-d4b6e40817a9","block_type":"box","text":"enquiries@bailliegifford.com","page_number":3,"box":{"x":530,"y":328,"width":158,"height":8}},{"id":"683047a6-7172-4d2c-8597-c9dd24468a75","block_type":"box","text":".","page_number":3,"box":{"x":714,"y":334,"width":1,"height":1}},{"id":"93c34820-178e-4132-92a7-b68ae87f700c","block_type":"box","text":"Baillie Gifford China Fund","page_number":4,"box":{"x":382,"y":27,"width":205,"height":10}},{"id":"39ae9246-4411-4b79-ae53-27eafccab078","block_type":"box","text":"30 September 2026","page_number":4,"box":{"x":762,"y":26,"width":159,"height":12}},{"id":"30c271ae-97c8-421c-bf5b-c03ba4f298a3","block_type":"box","text":"Important","page_number":4,"box":{"x":62,"y":131,"width":63,"height":9}},{"id":"9743a044-f4cd-467c-b6ca-f7fe2776e189","block_type":"box","text":"i","page_number":4,"box":{"x":133,"y":131,"width":2,"height":7}},{"id":"4894ca52-7bc6-46c3-9577-547c2a5cb562","block_type":"box","text":"nformation Israel","page_number":4,"box":{"x":137,"y":131,"width":107,"height":7}},{"id":"ed2ae405-2796-42aa-a5af-797079e2bd68","block_type":"box","text":"This Factsheet, as well as investment in the Fund described herein,","page_number":4,"box":{"x":61,"y":156,"width":365,"height":7}},{"id":"c51bb5cd-eb00-4ed3-8e87-4edc616de1e4","block_type":"box","text":"is directed at and intended for Investors that fall within at least one","page_number":4,"box":{"x":62,"y":172,"width":369,"height":6}},{"id":"7cf66583-cfd5-4e3f-87a4-40c61652cbe5","block_type":"box","text":"category in each of: (1) the First Schedule of the Israeli Securities","page_number":4,"box":{"x":62,"y":187,"width":354,"height":9}},{"id":"af19b3a7-eef0-4901-b7f2-1992801e5cd2","block_type":"box","text":"Law, 1968 (“Sophisticated Investors”); and (2) the First Schedule of","page_number":4,"box":{"x":63,"y":203,"width":365,"height":9}},{"id":"9370e449-dbfa-4e2a-867f-b1bdfc776dae","block_type":"box","text":"the Investment Advice Law (“Qualified Clients”).","page_number":4,"box":{"x":62,"y":220,"width":262,"height":8}},{"id":"97ed6190-42ba-4819-bd67-1007b6534a0c","block_type":"box","text":"Important","page_number":4,"box":{"x":62,"y":257,"width":63,"height":9}},{"id":"e49a5ea1-b7bb-4d59-b2e3-ba90d3abe523","block_type":"box","text":"i","page_number":4,"box":{"x":133,"y":257,"width":2,"height":7}},{"id":"7723f730-9a4f-4159-add8-476c1937fa18","block_type":"box","text":"nformation Chile","page_number":4,"box":{"x":137,"y":257,"width":104,"height":7}},{"id":"a90532f4-d5ee-4ad0-8bfd-1b7fa89be802","block_type":"box","text":"(i) La presente oferta se acoge a la Norma de Carácter General N°","page_number":4,"box":{"x":62,"y":281,"width":357,"height":9}},{"id":"b630a6c4-b6e7-4d37-a215-6aca46824314","block_type":"box","text":"336 de la Comisión para el Mercado Financiero (CMF) de Chile. (ii)","page_number":4,"box":{"x":62,"y":297,"width":360,"height":9}},{"id":"7bdc467f-e44d-48b0-a639-8ded3d1f1918","block_type":"box","text":"La presente oferta","page_number":4,"box":{"x":63,"y":314,"width":98,"height":8}},{"id":"7a492de1-3f3c-47e1-abf7-5298a8db0227","block_type":"box","text":"versa sobre valores no inscritos en el Registro","page_number":4,"box":{"x":182,"y":314,"width":250,"height":8}},{"id":"b32330c5-fd78-4ece-98aa-c7c4db99bf72","block_type":"box","text":"de Valores o en el Registro de Valores Extranjeros que lleva la","page_number":4,"box":{"x":62,"y":330,"width":336,"height":8}},{"id":"ff5f4630-43a7-48f2-a2d9-02c7af66746c","block_type":"box","text":"Comisión para el Mercado Financiero, por lo que los valores sobre","page_number":4,"box":{"x":62,"y":346,"width":361,"height":8}},{"id":"0333f6cd-76b5-44cf-af2b-741f2054d634","block_type":"box","text":"los cuales ésta versa, no están sujetos a su fiscalización; (iii) Que","page_number":4,"box":{"x":62,"y":362,"width":350,"height":8}},{"id":"df6f1f52-1aa1-40f9-bd97-1ab08a10004f","block_type":"box","text":"por tratarse de valores no inscritos, no existe la obligación por","page_number":4,"box":{"x":62,"y":378,"width":340,"height":8}},{"id":"9d1b2765-917b-49ee-bd00-d18660636f4c","block_type":"box","text":"parte del emisor de entregar en Chile información pública respecto","page_number":4,"box":{"x":62,"y":394,"width":367,"height":8}},{"id":"72e8b803-3e3b-4128-98fe-a5eb7ea00e00","block_type":"box","text":"de estos valores; y (iv) Estos valores no podrán ser objeto de oferta","page_number":4,"box":{"x":62,"y":410,"width":367,"height":8}},{"id":"7a11d4ac-fbbd-44af-bfb4-f6bf874b062b","block_type":"box","text":"pública mientras no sean inscritos en","page_number":4,"box":{"x":62,"y":426,"width":202,"height":8}},{"id":"4fd50d43-146c-4b2a-ae81-1522f33e357f","block_type":"box","text":"el Registro de Valores","page_number":4,"box":{"x":300,"y":426,"width":118,"height":8}},{"id":"13922bcb-0b99-413a-99f0-546724592aeb","block_type":"box","text":"correspondiente. (v) Este material no constituye una evaluación o","page_number":4,"box":{"x":62,"y":442,"width":359,"height":8}},{"id":"08216bc9-c445-4c3f-a31e-544583345559","block_type":"box","text":"recomendación para invertir en instrumentos financieros o","page_number":4,"box":{"x":62,"y":458,"width":322,"height":8}},{"id":"6186a8b3-21a8-4b20-af5c-4946aef472cc","block_type":"box","text":"proyectos de inversión.","page_number":4,"box":{"x":62,"y":474,"width":126,"height":8}},{"id":"eec0e298-6456-4fce-98b3-a431c59033e7","block_type":"box","text":"Important","page_number":4,"box":{"x":62,"y":513,"width":63,"height":8}},{"id":"53a8d991-55d0-4919-8929-b15738e350f4","block_type":"box","text":"i","page_number":4,"box":{"x":133,"y":512,"width":2,"height":7}},{"id":"27ed5e6f-6cd3-44d7-8e54-92395f651788","block_type":"box","text":"nformation Mexico","page_number":4,"box":{"x":137,"y":512,"width":119,"height":7}},{"id":"49a48c8b-3aa4-4794-af68-480a02dc4deb","block_type":"box","text":"The Fund has not and will not be registered in the National Registry","page_number":4,"box":{"x":61,"y":537,"width":370,"height":8}},{"id":"65ae1779-b3ce-487d-b930-ecd7141893e7","block_type":"box","text":"of Securities maintained by the National Banking and Securities","page_number":4,"box":{"x":62,"y":553,"width":346,"height":8}},{"id":"f59a82b2-4768-43d4-b75f-0b4ec6eb7a9b","block_type":"box","text":"Commission, and therefore may not be offered or sold publicly in","page_number":4,"box":{"x":62,"y":569,"width":356,"height":8}},{"id":"89fb10ee-ba02-4122-b8af-8617d848d069","block_type":"box","text":"Mexico. The Fund may be offered or sold to qualified and","page_number":4,"box":{"x":63,"y":585,"width":312,"height":8}},{"id":"42b2e606-cb6b-4706-8497-e9b556a02f37","block_type":"box","text":"institutional investors in Mexico, pursuant to the private placement","page_number":4,"box":{"x":62,"y":601,"width":369,"height":8}},{"id":"a678309b-8fa9-471b-b6a6-a4e513632c8b","block_type":"box","text":"exemption set forth under Article 8 of the Securities Market Law as","page_number":4,"box":{"x":62,"y":617,"width":367,"height":8}},{"id":"312ce415-bfd7-41a6-b8b9-fd0798ae4000","block_type":"box","text":"part of a private offer.","page_number":4,"box":{"x":62,"y":633,"width":120,"height":8}},{"id":"3a2a68ed-15f7-4832-83c8-2555de219659","block_type":"box","text":"Important","page_number":4,"box":{"x":510,"y":131,"width":62,"height":9}},{"id":"3a6cc378-4a11-4c43-9677-192ffca6f4e1","block_type":"box","text":"i","page_number":4,"box":{"x":580,"y":131,"width":2,"height":7}},{"id":"47675073-9577-4c4f-aaa9-b1688b71ef4d","block_type":"box","text":"nformation Colombia","page_number":4,"box":{"x":584,"y":131,"width":132,"height":7}},{"id":"f1d2657d-0fdd-4b4a-a43c-d141c8b80394","block_type":"box","text":"The securities have not been, and will not be, registered with the","page_number":4,"box":{"x":509,"y":156,"width":356,"height":8}},{"id":"c8de7f8e-9c13-4c53-8ac6-c6aef178a11f","block_type":"box","text":"Colombian National Registry of Securities and Issuers (Registro","page_number":4,"box":{"x":509,"y":171,"width":342,"height":9}},{"id":"2a87a33c-979a-430b-8df0-771ddf85e699","block_type":"box","text":"Nacional de Valores y Emisores","page_number":4,"box":{"x":510,"y":188,"width":169,"height":8}},{"id":"25d40d7e-b5e2-4dae-938f-42fbbfef9c5e","block_type":"box","text":") or traded on the Colombian Stock","page_number":4,"box":{"x":709,"y":187,"width":191,"height":9}},{"id":"f923a91e-c4d2-485d-9ec2-e27da150b700","block_type":"box","text":"Exchange (Bolsa de Valores de Colombia). Unless so registered,","page_number":4,"box":{"x":510,"y":204,"width":343,"height":8}},{"id":"4793eb13-39d4-42a9-abfd-1a810e6c7d6d","block_type":"box","text":"the securities may not be publicly offered in Colombia or traded on","page_number":4,"box":{"x":509,"y":220,"width":367,"height":8}},{"id":"60322e01-07ab-4a76-89fb-d67642c8652c","block_type":"box","text":"the Colombian Stock Exchange. The investor acknowledges that","page_number":4,"box":{"x":509,"y":236,"width":348,"height":8}},{"id":"2646af5a-aa06-4384-b9af-3e35c40ed57c","block_type":"box","text":"certain Colombian laws and regulations (including but not limited to","page_number":4,"box":{"x":509,"y":252,"width":372,"height":8}},{"id":"33c40469-3d1f-4e2f-a7a4-9a54ba8dea36","block_type":"box","text":"foreign exchange and tax regulations) may apply in connection","page_number":4,"box":{"x":509,"y":268,"width":342,"height":8}},{"id":"5f70fed9-04ce-453d-acaf-7910fa0aac00","block_type":"box","text":"with the investment in the securities and represents that is the sole","page_number":4,"box":{"x":509,"y":284,"width":369,"height":8}},{"id":"29280d54-c309-4a92-a2de-8cd3294c1510","block_type":"box","text":"liable party for full compliance therewith.","page_number":4,"box":{"x":510,"y":300,"width":225,"height":8}},{"id":"06e4b0b8-74b9-4613-bdd3-fe22b8948c76","block_type":"box","text":"Important","page_number":4,"box":{"x":510,"y":338,"width":62,"height":9}},{"id":"ea4892c0-7c41-4126-8ca2-280ba72fef88","block_type":"box","text":"i","page_number":4,"box":{"x":580,"y":338,"width":2,"height":7}},{"id":"4c4b286b-6ed3-4302-96cc-0e94887153aa","block_type":"box","text":"nformation Peru","page_number":4,"box":{"x":584,"y":338,"width":102,"height":7}},{"id":"aa14b50c-b141-465f-86f8-673397c5fb8e","block_type":"box","text":"The Fund has not and will not be registered in the Public Registry of","page_number":4,"box":{"x":509,"y":363,"width":370,"height":8}},{"id":"62a352a1-ffee-495b-9972-6a2d558981a9","block_type":"box","text":"the Capital Market (Registro Público del Mercado de Valores)","page_number":4,"box":{"x":509,"y":379,"width":334,"height":8}},{"id":"7acecfdf-899a-4a8b-b7ea-e86e9961e9c2","block_type":"box","text":"regulated by the Superintendency of the Capital Market","page_number":4,"box":{"x":510,"y":395,"width":305,"height":8}},{"id":"dfdd16f2-e41e-4d32-8d27-1ce20bcb7936","block_type":"box","text":"(Superintendencia","page_number":4,"box":{"x":509,"y":411,"width":99,"height":8}},{"id":"836b0f75-5a21-409f-8d44-31d41899e6c9","block_type":"box","text":"del Mercado de Valores","page_number":4,"box":{"x":630,"y":411,"width":129,"height":6}},{"id":"a56c8778-8e13-48f5-ba69-43c7fbdc2db7","block_type":"box","text":"–","page_number":4,"box":{"x":782,"y":414,"width":7,"height":1}},{"id":"093822e0-468e-48ef-807b-468e79afdfa6","block_type":"box","text":"“SMV”). Therefore,","page_number":4,"box":{"x":794,"y":411,"width":103,"height":8}},{"id":"18591850-d932-4831-97c0-5c96ac3865e1","block_type":"box","text":"neither this document, nor any other document related to the","page_number":4,"box":{"x":510,"y":427,"width":339,"height":8}},{"id":"beef4616-8029-454f-b231-9313d529bf16","block_type":"box","text":"program has been submitted to or reviewed by the SMV. The Fund","page_number":4,"box":{"x":510,"y":443,"width":364,"height":8}},{"id":"ec842f6e-e230-4445-8d4a-46ed22d5592d","block_type":"box","text":"will be placed through a private offer aimed exclusively at","page_number":4,"box":{"x":509,"y":459,"width":316,"height":8}},{"id":"d130f3cb-8ff7-47d2-86e0-7107e0b94075","block_type":"box","text":"institutional investors. Persons and/or entities that do not qualify as","page_number":4,"box":{"x":509,"y":475,"width":372,"height":8}},{"id":"b5a2e57c-99f3-4179-9d13-eb4d500db8f1","block_type":"box","text":"institutional investors should refrain from participating in the","page_number":4,"box":{"x":509,"y":491,"width":335,"height":8}},{"id":"8fed6f1d-fd6b-4fdc-960d-c8218273e31d","block_type":"box","text":"private offering of the Fund.","page_number":4,"box":{"x":510,"y":507,"width":152,"height":8}},{"id":"0eb028df-d90b-4c30-95c0-09f848c0f944","block_type":"box","text":"Baillie Gifford China Fund","page_number":5,"box":{"x":382,"y":27,"width":205,"height":10}},{"id":"97d55e37-7787-4fe0-8cce-f3855c250928","block_type":"box","text":"30 September 2026","page_number":5,"box":{"x":762,"y":26,"width":159,"height":12}},{"id":"f1f66016-7ca6-4fcd-8ec2-d06b0d387514","block_type":"box","text":"3 Haymarket Square, Edinburgh EH3 8RY","page_number":5,"box":{"x":62,"y":895,"width":227,"height":8}},{"id":"e7d664fb-1796-4841-9501-51936ff0622e","block_type":"box","text":"Telephone","page_number":5,"box":{"x":61,"y":909,"width":59,"height":8}},{"id":"d24d4494-ffcd-4a19-9ee8-80e77ed233e5","block_type":"box","text":"+","page_number":5,"box":{"x":132,"y":910,"width":6,"height":5}},{"id":"78040d66-9db1-4975-a63e-7646969cbda4","block_type":"box","text":"44 (0) 131 275 2000 bailliegifford.com","page_number":5,"box":{"x":141,"y":909,"width":217,"height":8}},{"id":"3b15e6ca-5d82-460b-8d16-3a46f60d548d","block_type":"box","text":"Contact","page_number":5,"box":{"x":62,"y":929,"width":42,"height":6}},{"id":"0590e351-1a5c-43f7-9664-1d6d585f318a","block_type":"box","text":"Your call may be recorded for training or monitoring purposes.","page_number":5,"box":{"x":62,"y":942,"width":296,"height":7}},{"id":"0eb320d1-5fd9-4c24-aacf-c6e9499fac4c","block_type":"box","text":"Intermediary","page_number":5,"box":{"x":420,"y":928,"width":72,"height":9}},{"id":"5d92df62-7d3a-42f3-a223-6bd814ba5fda","block_type":"box","text":"E","page_number":5,"box":{"x":501,"y":929,"width":5,"height":6}},{"id":"ffa18b9f-7a14-4778-8fd1-3abe7d6ec05a","block_type":"box","text":"nquiries","page_number":5,"box":{"x":509,"y":929,"width":44,"height":8}},{"id":"7689e2fe-69d9-47c8-8d2f-938df9c0c4fd","block_type":"box","text":"Tel:0800 917","page_number":5,"box":{"x":419,"y":942,"width":61,"height":6}},{"id":"68b0d806-a9b5-482e-a66e-bbdb5445b79a","block_type":"box","text":"2113","page_number":5,"box":{"x":497,"y":942,"width":22,"height":6}},{"id":"1f58fc6a-4604-47c5-af8f-2330808bbc1b","block_type":"box","text":"email: enquiries@bailliegifford.com.","page_number":5,"box":{"x":419,"y":954,"width":172,"height":7}},{"id":"34f5421b-321d-4a91-9fe3-c818d915deb0","block_type":"box","text":"Institutional","page_number":5,"box":{"x":648,"y":928,"width":67,"height":7}},{"id":"cfa67fa6-eef2-48df-93a1-d3519928e482","block_type":"box","text":"E","page_number":5,"box":{"x":726,"y":929,"width":5,"height":6}},{"id":"adc8c8bc-44c3-43af-917d-ea28f0b0a8a9","block_type":"box","text":"nquiries","page_number":5,"box":{"x":734,"y":929,"width":44,"height":8}},{"id":"08e0a0b5-965b-4fa9-8fe2-4133b15951fd","block_type":"box","text":"Tel: +44 (0)131 275 2000","page_number":5,"box":{"x":647,"y":942,"width":118,"height":7}},{"id":"3a3a9ca8-0ce3-41d2-8d65-ca4082a810c2","block_type":"box","text":"email:Institutional.Enquiries@bailliegifford.com","page_number":5,"box":{"x":648,"y":954,"width":226,"height":7}},{"id":"fe61e3bf-171b-4584-9bd7-1938e9bc8ee5","block_type":"box","text":"Copyright © Baillie Gifford & Co","page_number":5,"box":{"x":62,"y":966,"width":150,"height":8}},{"id":"2973f9db-0742-4ba8-be06-0cb0efdc61af","block_type":"box","text":"2026","page_number":5,"box":{"x":244,"y":967,"width":23,"height":5}},{"id":"abd26fa6-0890-4f22-8fb4-37ff2b52a229","block_type":"box","text":"All rights reserved.","page_number":5,"box":{"x":277,"y":967,"width":88,"height":7}},{"id":"d007efc5-49dd-437e-bb76-a42c340b631c","block_type":"box","text":"Ref: 10065714","page_number":5,"box":{"x":648,"y":966,"width":68,"height":6}},{"id":"4d6b4406-cdaf-4aa0-bf63-b7b1b73eaca9","block_type":"box","text":"Ratings","page_number":5,"box":{"x":62,"y":109,"width":40,"height":8}},{"id":"72cf6524-6f0d-486a-ae7a-1c751cf1a5cd","block_type":"box","text":"–","page_number":5,"box":{"x":111,"y":112,"width":7,"height":1}},{"id":"16e1f7df-b004-4126-8c34-ea6f1ab41b0c","block_type":"box","text":"As at","page_number":5,"box":{"x":122,"y":109,"width":27,"height":6}},{"id":"67937669-8d88-4dc0-b830-991962719ad2","block_type":"box","text":"31 August 2026","page_number":5,"box":{"x":159,"y":109,"width":84,"height":8}},{"id":"d98c8dca-389c-4655-8681-2396e198b8de","block_type":"box","text":"Morningstar Medalist Rating","page_number":5,"box":{"x":62,"y":141,"width":135,"height":8}},{"id":"c7e1fa42-d1b3-4f91-b51f-a97b39e5ad19","block_type":"box","text":"™","page_number":5,"box":{"x":218,"y":142,"width":7,"height":2}},{"id":"205bc7aa-76f6-4097-b9bc-ecf74fb0a135","block_type":"box","text":"Analyst","page_number":5,"box":{"x":229,"y":154,"width":36,"height":7}},{"id":"3c9acb7b-23cb-4d3d-b89a-598a0e202d09","block_type":"box","text":"-","page_number":5,"box":{"x":271,"y":157,"width":2,"height":1}},{"id":"43e51feb-0030-46c1-bb6d-032dc47a7e8d","block_type":"box","text":"Driven %","page_number":5,"box":{"x":276,"y":154,"width":42,"height":5}},{"id":"73248473-5896-437c-b479-68ced8cbbd37","block_type":"box","text":"10","page_number":5,"box":{"x":272,"y":166,"width":11,"height":6}},{"id":"454c3220-6ec7-463c-9de4-a5f7fad6576f","block_type":"box","text":"Data Coverage %","page_number":5,"box":{"x":230,"y":188,"width":81,"height":6}},{"id":"eb784740-9806-46f7-91c2-7c1ee2f9a74c","block_type":"box","text":"100","page_number":5,"box":{"x":269,"y":200,"width":16,"height":5}},{"id":"1c4f9929-ea6e-4636-92ee-7685ae7aa220","block_type":"box","text":"Class B","page_number":5,"box":{"x":62,"y":185,"width":32,"height":6}},{"id":"fdc70a03-002f-4867-a0a3-bc97ff878871","block_type":"box","text":"-","page_number":5,"box":{"x":104,"y":189,"width":2,"height":0}},{"id":"78628a02-dec3-4210-b2be-a1ba32b4646e","block_type":"box","text":"Acc in GBP.","page_number":5,"box":{"x":108,"y":186,"width":52,"height":5}},{"id":"edcca309-01ca-4c96-938f-9e7e1f20eba4","block_type":"box","text":"Morningstar Medalist","page_number":5,"box":{"x":62,"y":198,"width":102,"height":7}},{"id":"b99dd09e-a8aa-4e79-87a8-0635d7c5bfd1","block_type":"box","text":"Rating","page_number":5,"box":{"x":62,"y":210,"width":29,"height":7}},{"id":"0b0d1849-8d5d-4879-9287-babce68d309a","block_type":"box","text":"™","page_number":5,"box":{"x":98,"y":210,"width":7,"height":3}},{"id":"39deb4a1-ceef-4fe5-a51b-2f6f7fb29b5f","block_type":"box","text":"as at 31","page_number":5,"box":{"x":113,"y":210,"width":36,"height":6}},{"id":"78c58ac2-be1d-461b-b709-0d1d7c2d81f9","block_type":"box","text":"-","page_number":5,"box":{"x":156,"y":213,"width":2,"height":1}},{"id":"13fc92ab-74de-44c9-9764-d7ed74293534","block_type":"box","text":"AUG","page_number":5,"box":{"x":160,"y":210,"width":20,"height":6}},{"id":"4900bcd7-7019-437d-bd77-a9877ede6e4a","block_type":"box","text":"-","page_number":5,"box":{"x":186,"y":213,"width":3,"height":1}},{"id":"ab307e50-f0f0-4972-b1ba-6fe30110da0a","block_type":"box","text":"2026.","page_number":5,"box":{"x":62,"y":223,"width":25,"height":5}},{"id":"d5fd6665-07a4-477f-9bc0-703b88d23900","block_type":"box","text":"Rayner Spencer Mills Research Rated Fund","page_number":5,"box":{"x":62,"y":234,"width":201,"height":7}},{"id":"e14e2f05-c84d-451b-a555-55cf415dc3f2","block_type":"box","text":"This Fund is rated by Rayner Spencer Mills Research, for more information go to: rsmr.co.uk","page_number":5,"box":{"x":61,"y":331,"width":436,"height":7}},{"id":"84049f9c-6c42-48a3-8311-a51a48c79be5","block_type":"box","text":"These ratings are designed for use by professional advisers and intermediaries as part of their advice process. These ratings","page_number":5,"box":{"x":61,"y":355,"width":585,"height":7}},{"id":"651624a1-238e-4168-9d90-5a49e6e4abb4","block_type":"box","text":"are not a recommendation to","page_number":5,"box":{"x":752,"y":355,"width":140,"height":6}},{"id":"a8f62054-ad75-472f-a355-f9701775f853","block_type":"box","text":"buy. If you need further information or are in doubt then you should contact a professional adviser.","page_number":5,"box":{"x":62,"y":367,"width":471,"height":7}}],"unit":"per_mille","page_width":595,"page_height":841,"attributes":{"chunk_type":"page_range","start_page":1,"end_page":5}},"source":{"type":"Model","id":"github:dorsalhub/pdf-extractor","version":"0.5.0","execution_id":"e1892f33-2a9b-4162-a91c-63d692ba81bd"},"user_id":1000002,"date_created":"2026-10-11T15:55:54.243000Z","date_modified":"2026-10-11T15:55:54.243000Z","private":false}